Soybeans
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Started by metmike - Dec. 23, 2021, 5:53 p.m.


From Tuesday:

@kannbwx

Dec. 21: Most-active CBOT #corn futures hit $5.99/bu, their highest since July 1. #Soybeans topped $13 for the first time since mid-Sept and reached the highest levels since Aug 30. Both rose 1.2% on Tuesday with a rise in crude oil and weather risks in South America.

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Re: Soybeans
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By metmike - Dec. 23, 2021, 5:56 p.m.
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As we've been telling you, Argentina is burning up with another week-9 days of no rain and near record heat on the way. Then, we'll see what happens.


https://www.marketforum.com/forum/topic/75828/


30 day precip % of average:

https://www.cpc.ncep.noaa.gov/products/Precip_Monitoring/Figures/global/n.30day.figb.gif

https://www.cpc.ncep.noaa.gov/products/Precip_Monitoring/Figures/global/n.30day.figb.gif

++++++++++++++++++++++++++++++++++++++++++++++++++++++

Precip % average the last 90 days below

https://www.cpc.ncep.noaa.gov/products/Precip_Monitoring/Figures/global/n.90day.figb.gif

+++++++++++++++++++++++++++++++++++++++++++++++


By metmike - Dec. 23, 2021, 5:57 p.m.
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This data comes from the GFS/US model. 

It's constantly updated every day.

http://wxmaps.org/outlooks.php





By Jim_M - Dec. 23, 2021, 7:57 p.m.
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Yikes!  That is not looking good!