The National Weather Service issues its updated long-term weather forecasts once each month. Obviously, the May and June updates are important because they provide at least a glimpse of what weather conditions might be during the gut slot of the North American growing season. The maps below, released 17 May, show the precipitation and temperature forecasts for the June/July/August time frame. It’s notable that there isn’t a change from last month’s outlook. For the most part, they indicate that weather models suggest normal temperatures/precipitation for the center of the country, essentially the Corn Belt, and above-normal precipitation for the eastern third of the U.S.
Below are the drought monitor maps of 15 May 201...
What You Need to Know Today: New World screwworm is back in the headlines after new cases were found in a hunter-harvested elk in Texas and a beef cow in New Mexico. The detection in wildlife could further complicate containment efforts, as implementing effective biosecurity measures is consid...
Cattle on Feed Expectations USDA’s monthly Cattle on Feed report that will show cattle inventory statistics as of 1 October will be released tomorrow, 23 October. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 100.3 percent of last year, which imp...
Key Takeaways: Dry bulk markets remain mixed with Capesize rates turning around from their recent weakness and posting solid gains on improved Chinese demand. Panamax vessels, on the other hand, saw rates decline amid greater tonnage availability in the South Atlantic and falling U.S. Gu...
