Author: Michael Ferrari, PhD
VP, Applied Technology & Research
This article in Bloomberg Business Week today is in line with how we are viewing the current US corn & soybean crops at Weather Trends.  No doubt, the 2010 crop for both commodities will still produce good numbers for the 18 major growing states.  However, we think both [...]

Author: Michael Ferrari, PhD
VP, Applied Technology & Research
Once again, we make the case for space-based research combined with advance weather outlooks as a simple yet powerful suite of tools for early identification of crop problems in key agricultural producing regions.  As an example, the map below is an indicator of vegetation health as derived via [...]

Author: Michael Ferrari, PhD
VP, Applied Technology & Research
The seasonal progress for monsoon rains (week ending August 4) is shown below, via the Indian Met Dept.  Most analyst discussions in the sugar market over the last week have focused on a better pattern emerging, but for sugar growing regions, this is only half of the picture.  [...]

From Monday’s (02 Aug) NASS report:
week ending Aug 1
Corn (18 major states):  93% silking vs. 74% LY & 86% 5ya; 31% dough vs. 13% LY & 24% 5ya. 
Soybeans (18 major states):  86% blooming vs. 74% LY % 83% 5ya; 53% pod-set vs. 33% LY % 48% 5ya.
 
 
 
 

In our report to clients on Monday (26 Jul), we wrote:
We’ve seen dramatic spikes in both beans & wheat – this week it may be time for corn to pop.  The story in the corn/soy belt this week will be rain (particularly in the WCB).  While overnight markets are lower, we expect to see support [...]

Author: Michael Ferrari, PhD
VP, Applied Technology & Research
The drier pattern for the next 7 days will help the US corn & bean crops, after a few weeks of very wet weather.  According to yesterday’s USDA crop update, 73% of US corn was rated either good or excellent, and 69% of soybeans received the same ratings.  [...]