El Nino has become a popular topic of conversation these days, although it probably never made the news during the 1997-98 event.Paul Douglas, a nationally respected meteorologist and writer for the Minneapolis Star Tribune newspaper, wrote some interesting comments about this El Nino in today’s edition. Following are a few of them:
The National Oceanic and Atmospheric Administration (NOAA) says it was the warmest autumn on record for the lower 48 states. It was the second-warmest for the Dakotas and Minnesota. The previous record was set in 1963. This El Nino will surpass the record one of 1997-98. Fishing boats have been seen on some Minnesota lakes this December. Minneapolis might receive a half-inch of rain this weekend, which wo...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
