Week of August 1-7
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Temperatures
August 1-7
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August 1 weather Forecast:
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August 1 -31 weather Forecast:
The Temperature map got the Precipitation map added to it by my camera…. Interesting superimposed map…
US drought map
Markets down, especially Soybeans, Chinese factory output came in significantly lower than expected… stalling their economy…
Oil down, Soybeans very much at risk… but if world economy is in recession… and Russia allows Ukraine to export… last week’s grain price increases will evaporate…
Blessings and SalutationsComment
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7 day rainfall forecast for the US
The markets seem to have bounced … Soybeans Dec
Only down 70 cents /bu right now…
US $ down to 105.7…
A good day to be short grain…
P.S.
Observation that there has been close to an 80% correlation between Crude Oil moves and US corn, and about 60% for US soybean recently. WTI down $4.85/barrel today.
ChyLast edited by TOM4CWB; Aug 1, 2022, 13:53.Comment
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So Tom, the only cooler weather window is Aug 16-23.
I suppose we've had frost that early in the past. Not likely though,,, unless they change the description to "Much Below Normal"Comment
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Aug. 20 2004 froze hard and turned all the wheat into 2.00 feed wheat.
Aug 20 this year would be ugly!Comment
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