February precipitation across both northern and southeastern Australia has remained consistent, with a change in the southeast that is worth noting. Historical analysis uncovered an interesting relationship, which is of particular importance in the milk producing regions, centered in New South Wales and Victoria.
Through analyzing the pattern in NSW & VIC for the last 30 [...]
Author: Michael Ferrari, PhD
VP, Applied Technology & Research
Dryness across eastern China in recent months is likely to have an acute effect on the current winter wheat crop, and there are also anticipated effects on the coming spring wheat & corn plantings. The above map from the Foreign Agriculture Service shows that the drought is most [...]
The Southern Oscillation Index value for January2011 was again strongly entrenched in positive phase (chart from the Australia Bureau of Met).
La Nina conditions to continue, with effects on prices of everything from corn to coal. Weather Trends map below shows current snapshot of Pacific cold SST anomalies.
Following our post (Wheat Weather) the other day regarding the devastating flooding across eastern Australia, we encourage readers to follow the Standard Precipitation Index (SPI) to monitor conditions in the region through January. The map below depicts the Dec2010 SPI, and it will be worth noting the changes when the Jan2011 index is released.
( map [...]
With Class III prices at the seasonal (and annual) low, we are looking at the risk to thinning margins for dairy producers to start to build in some upside structure to this market. Feed costs are expected to rise going forward as cost pressure will enter from both corn and wheat. Recent widespread flooding across [...]
Author: Michael Ferrari, PhD
VP, Applied Technology & Research
The Agricultural Outlook Americas conference was held in Boston this week. This year’s event brought together a mix of growers, investors and technologists, with discussions ranging from new investments on the farm to currency hedges. The three day event contained too many interesting discussion [...]
