The weather in South America has been very good the past month and past 3 months.
A bit wet in some locations but not excessively.
Total rains the next 2 weeks from the latest, 18z operational GFS. Widespread rains....no domes or dry spots. Progressive weather systems, so no excessive rains in the main growing regions for corn and beans:
Image URL: http://mag.ncep.noaa.gov/data/gfs/18/samer/precip_ptot/gfs_samer_384_precip_ptot.gif
Crop calendar for Argentina:
http://www.soybeansandcorn.com/Argentina-Crop-Cycles
https://ipad.fas.usda.gov/rssiws/al/global_cropprod.aspx
Crop Calendar for Brazil:
http://www.soybeansandcorn.com/Brazil-Crop-Cycles
Export inspections on Monday:
https://www.ams.usda.gov/mnreports/wa_gr101.txt
Corn and wheat weak. Pretty good for beans.
Crop progress report. Nothing unusual.
http://usda.mannlib.cornell.edu/usda/current/CropProg/CropProg-10-29-2018.txt
Corn at the average of 63% done.
Beans a bit behind at 72% vs 81% average.
Winter wheat 78% planted behind the 85% average. KS behind by 13% and MO behind by 7%. Emerged at 63% vs 67% average.
This upcoming very wet weather pattern will make it challenging to get the remaining Winter wheat planted in the Eastern Winter Wheat belt in timely fashion. However, the weather models actually don't look as wet as they did a few days ago.
Rain the next 2 weeks.
Forecast Hour: 384
Image URL: http://mag.ncep.noaa.gov/data/gfs/18/namer/precip_ptot/gfs_namer_384_precip_ptot.gif
great report Mike...thanks for all your input here. Not good news for US producers but we do deal in realsville here, not feel good news
YW mcfarm!
Precip for the next 2 weeks in South America:
Northeast Argentina getting a bit dry....just something to watch.
South America Temps:
Yes TY Mike for the imput.
Just got back from Greece and trying to catch up with market moving news.
Welcome back bcb!