Weather and Market Commentary- September 11, 2009
September 11, 2009 by sabrina829
Friday, September 11, 2009:
Discounting fresh USDA corn and soybean production data will be the main near- term task for the corn and soybean markets, but it looks like traders still will not have to add in the task of discounting a potential frost threat. Conditions still look to stay frost-free in the Midwest over the next ten days and quite likely longer than that. The coolest weather for the period in question likely will be late next week and early in the following week, when a deep low pressure system over the eastern Great Lakes draws down some cold air in Canada. The air draw in will not be “that” cold though, and that fact plus some cloud cover should prevent any problems (though a few places might be able to see some 30s). The most notable feature that I see on temperatures in the near-term is exceptional warmth across the Canadian prairies (typically a source area for cold air this time of year). This weekend and September 17-20 looks to be the peak for that warmth, time frames when temperatures will be averaging ten or more degrees above normal. A good part of this warmth will be filtering into the Northern Plains and far northwestern Corn Belt as well.
Rain this morning is most notable over the eastern Dakotas (unfortunately slowing what has already been a long harvest period for spring wheat farmers) and in the southern part of the Nation (certainly benefitting the very dry areas of southern Texas). The rains in the Dakotas are due to a closed, upper- level low that is currently in the process of forming, and they will make it about as far east as the Missouri River Valley in the Corn Belt…but no further than that as the upper level low actually looks to move west this weekend. The southern U.S. rains are due to pseudo-tropical weather influences, and those rains are not about to end. This is going to be a wet weekend for Texas, Oklahoma, Arkansas, Louisiana, Florida and southern parts of Mississippi and Alabama with some locally heavy totals being recorded.
Freese-Notis Weather/Weather Trades, Inc. Des Moines, Iowa Copyright 2009 – All Rights Reserved
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Weather and Market Commentary- September 11, 2009
September 11, 2009 by sabrina829
Friday, September 11, 2009:
Discounting fresh USDA corn and soybean production data will be the main near- term task for the corn and soybean markets, but it looks like traders still will not have to add in the task of discounting a potential frost threat. Conditions still look to stay frost-free in the Midwest over the next ten days and quite likely longer than that. The coolest weather for the period in question likely will be late next week and early in the following week, when a deep low pressure system over the eastern Great Lakes draws down some cold air in Canada. The air draw in will not be “that” cold though, and that fact plus some cloud cover should prevent any problems (though a few places might be able to see some 30s). The most notable feature that I see on temperatures in the near-term is exceptional warmth across the Canadian prairies (typically a source area for cold air this time of year). This weekend and September 17-20 looks to be the peak for that warmth, time frames when temperatures will be averaging ten or more degrees above normal. A good part of this warmth will be filtering into the Northern Plains and far northwestern Corn Belt as well.
Rain this morning is most notable over the eastern Dakotas (unfortunately slowing what has already been a long harvest period for spring wheat farmers) and in the southern part of the Nation (certainly benefitting the very dry areas of southern Texas). The rains in the Dakotas are due to a closed, upper- level low that is currently in the process of forming, and they will make it about as far east as the Missouri River Valley in the Corn Belt…but no further than that as the upper level low actually looks to move west this weekend. The southern U.S. rains are due to pseudo-tropical weather influences, and those rains are not about to end. This is going to be a wet weekend for Texas, Oklahoma, Arkansas, Louisiana, Florida and southern parts of Mississippi and Alabama with some locally heavy totals being recorded.
Freese-Notis Weather/Weather Trades, Inc. Des Moines, Iowa Copyright 2009 – All Rights Reserved
To Return to Fastline.com-Click Here
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