Archive for the 'USDA' category

Weather Trends 2009 US corn yield forecast verification

Posted on January 14th, 2010 in Agriculture, Biofuels, Energy, Global Commodities, Global Weather, Grains, USDA, food, futures, oilseeds with no comments

Author: Michael Ferrari, PhD
VP, Applied Technology & Research
On Tuesday, the USDA issued their 2009 crop production summary report for the primary commercial US crops.  As readers of Weather Trends crop reports are aware, we discuss our US agricultural outlook in our weekly reports in terms of the 18 major producing states for both corn and [...]

Downside risk for raw sugar futures

Posted on September 8th, 2009 in Agriculture, Global Commodities, Global Weather, Sugar, USDA, weather with no comments

Author: Michael Ferrari, PhD
VP, Applied Technology & Research
We discussed in last week’s sugar report the possibility for a quick upside move on the Oct contract before settling back down in a range that we have seen over the last two weeks. After crossing 24 cents last week (reaching 24.85), OCT ICE futures have slid [...]

USDA corn expectations

Posted on August 12th, 2009 in Agriculture, Biofuels, Global Commodities, Grains, USDA, United States, futures, weather with no comments

Author: Rick Dunkelberger
WTI Business Applications Meteorologist
With larger than expected spring plantings after a cold and rainy start, July’s dry and mild weather has led to a bearish trend in corn prices. However, from July 1st to August 10th, temperatures in the Midwest have collectively been at least one degree cooler than any year in the [...]