Crop calendar for Argentina:
Below is a breakdown of the month-by-month crop production cycles in Argentina(just 2 months below). Go to the link for the rest.
Crop Calendar for Brazil:
It's had been pretty dry in much of South America this year. The maps below are for 30 days, 90 days and 180 days % of average precipitation:
The forecasts below come from the GFS/US model. Decent rains over much of the area over the next 2 weeks.
Looks pretty HOT in Argentina to S.Brazil...........something to be watched.
Monitoring rain/satellite pictures:
Rain amounts 24 hours:
Rain amounts for longer periods globally:
Previous posts/comments.....we like to see this!
By wxgrant - Oct. 22, 2019, 11:09 p.m.
Thanks Mike. This is what I really want to start learning more about. Nice to see other areas where crops are grown when I had no clue a few months ago.
By metmike - Oct. 23, 2019, 12:29 a.m.
By wglassfo - Nov. 11, 2019, 10:16 a.m.
A lot of that SA soil seems to need a rain every week
I still only get the left 1/2 of any map you post
By metmike - Nov. 11, 2019, 11:10 a.m.
You are right about the SA soils. They don't hold moisture as well as ours.
Soybean chart and technical comment from mikempt.
Soybeans have held on and are up a couple of cents this evening.
Jan Soybeans Bull Flag breakout.
Started by mikempt - Nov. 17, 2019, 12:31 p.m.
Widespread rains most places of South America...........with Argentina possibly getting dry in week 2.
Possible heavy snows in parts of the Cornbelt, mainly Western Belt/Upper Midwest might be bullish at some point for corn the next few days because of unharvested corn in those areas.
Given the Spring weather and smaller crop and basis levels, its amazing that CZ prices are this low.
Argentina weather forecasts have in fact turned dry...........almost completely dry the next 2 weeks with the exception of the farthest north growing area.
Still tons of rain in Brazil the next week, before far S. Brazil turns dry early in week 2.
I should add that Argentina has had good rains recently and the first week of dryness will features temperatures below normal.............so it may take awhile for the market to get exited.
If we go another week with this Argentina forecast, I would be surprised if corn and beans can keep dropping.
Argentina weather still looks dry for 2 weeks. Temperatures are not hot, which will take some of the bullishness away.
Argentina is the worlds #2 corn exporter.
World corn/soybean production/exports
3 responses |
Started by metmike - Dec. 1, 2019, 12:41 p.m.
Started by wglassfo - Dec. 1, 2019, 9:50 a.m.
On every model run since last night, rain has increased for Argentina after day 10(dry until then). I am LESS bullish on Argentina weather.
Brazil weather has remained ideal with tons of widespread rains over the next 2 weeks. This is especially bearish for beans as Brazil is the worlds biggest exporter of soybeans.......by far and away ahead of the US.
Beans are just above HUGE support right now after dropping down there and holding during the day session. The Jan S low was 867.5 earlier today, which is around the same as the September lows.
The Renewable Fuel Standard (RFS) has reduced our dependence on foreign oil, lowered fuel prices at the pump, reduced