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Archive for the ‘Weather Market Commentary’ Category

Friday, August 5, 2011: For the second day in a row it is parts of Kansas that has done the best with rainfall across the Nation’s midsection. Only extreme northeastern and extreme southeastern Kansas had not seen rain for the 24-hour period ending at 6 AM Central Time, and some big rains of over an [...]

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Thursday, August 4, 2011: Kansas has been included in the drought which has plagued Oklahoma and Texas, and with good reason as it has so dry and so hot in Kansas in recent weeks that there are solid reports of acreage already being abandoned in especially southern parts of the state. Make no mistake though [...]

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Wednesday, August 3, 2011: Hot temperatures continued to put a lot of stress on corn and soybean crops in the Midwest yesterday. That was especially the case in Kansas, Missouri, southwestern Illinois, and far southern Iowa where highs above 100 degrees were commonplace. We are now in the midst of improving temperature conditions for the [...]

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Tuesday, August 2, 2011: The USDA claims unchanged national corn ratings this past week, though you can make a case that there is not a lot of logic in that. After all, we saw significant deterioration in ratings given to major producing states such as Iowa, Illinois Indiana, Missouri, and Nebraska; that deterioration in those [...]

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Monday, August 1, 2011: There were a few lucky spots in the drier southeastern parts of the Corn Belt that were able to pick up some notable rains over the weekend from late Friday through a part of Saturday morning. Places like Dayton, Columbus, Terre Haute, Mattoon, Lawrenceville, and Chillicothe were all places that over [...]

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We continue to expect volatile and choppy trade.  Peripheral influences, especially the stalled debt ceiling talks, have had buyers nervous, so we will continue to see this volatility till some decisions have been made and a vote is taken.  This week we have seen the Sept/Dec corn contracts erase their inversion.  What does this mean?  [...]

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Friday, July 29, 2011:  The biggest rains in the Corn Belt over the past 24 hours were in an area that certainly did not need it. Much of Michigan had two to five inches of rain through yesterday morning, but a lot of that same area has picked up another one to two inches of [...]

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Thursday, July 28, 2011: Inundating rains in the Midwest during the summertime period sure seem to be rather commonplace in recent years. In 2008 it was Cedar Rapids getting hit so very hard in June. Last year it was Ames getting deluges of rain in a short period of time in August. This year we [...]

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Wednesday, July 27, 2011: Heat will return as a big story for central and southern parts of the Midwest for today and tomorrow, with highs at least in the 90s there but lots of 95+ degree highs south of Interstate 80 and 100+ degree highs in Kansas, Missouri, and southwestern Illinois. At least this heat [...]

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Tuesday, July 26, 2011:  Big heat last week in the Midwest created a sharp downturn in national corn and soybean crop ratings for the week ending July 24. National corn ratings were down four percentage points in the good/excellent category, taking that figure to 62 percent good/excellent. That figure is now a full ten percentage [...]

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