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week. After Wednesday’s close, we didn’t imagine soybeans, SBO, corn and Chicago wheat would end higher for the week. 


GFS model turned drier for the 7-day for most of the heart of the US Midwest. US agriculture markets rallied by late morning, exception soybean meal which was on the defensive from product spreading. A rally in WTI crude oil added to the positive undertone
for soybean oil and corn. Global export developments were quiet. USDA Export Sales were good for soybean meal and new-crop wheat. China booked 265,000 tons of new-crop soybeans and cancelled 70,800 tons of current crop year corn. No surprises for the other
major commodities. Sorghum sales were 131,000 tons that included 128,000 tons for China.
of the US Midwest will dry down over the next seven days with temperatures above normal. The Midwest will not be totally dry. Any rain that develops will be bias far WCB and upper northeast. US Great Plains will continue to improve with precipitation over
the next week. China’s largest producing state of Henan is forecast to receive additional rain. China’s southern areas are seeing very hot temperatures. Funds were active with short covering corn positions for the week ending May 30th, per CFTC


estimates as of June 2 (net in 000)




A map of the world

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A map of the united states

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Weather Inc.


  • U.S.
    Midwest drying has left topsoil moisture rated short to very short and subsoil moisture marginally adequate to short
    • Rain
      is needed, but unlikely to occur for another ten days – at least significant rain
  • Gulf
    of Mexico moisture is still unavailable for to crops in the Midwest because of weather systems near the Gulf of Mexico coast that are preventing moisture inflows from the water to the land
    • This
      pattern will prevail for another ten days to possibly two weeks which is why the Midwest fails to get a good drink of water
  • U.S.
    Midwest temperatures will trend cooler after early next week and the milder conditions will prevail for a while helping to keep stress on summer crops as low as possible with the ground staying dry
    • World
      Weather, Inc. is expecting a return of the 62-day cool cycle in late June and that may perpetuate the cooler bias later this month
      • A
        short term bout of warming may occur prior to the arrival of the late month cooling
  • U.S.
    rain will fall frequently from western Texas to Montana for another ten days   
    • Some
      of the crop areas in this region are becoming too wet and flooding has already occurred in several localized areas
    • Some
      wheat quality declines are under way in the central and southwestern Plains where drier weather is needed most to protect the quality and overall production of this year’s crop which has already been reduced by drought
    • Most
      of the bigger rains will soon be ending, though and that will help greatly in improving conditions for many areas.
  • West
    Texas cotton, corn and sorghum production areas (including those in the Texas Panhandle) are experiencing delays to planting because of frequent rain and wet field conditions
    • These
      delays will continue periodically, but the greatest rainfall will soon be diminishing
    • Improved
      periods of drier weather should occur between rain events after this weekend
    • Temperatures
      will be cooler than usual over the next ten days resulting in slower drying rates than usual and fewer degree day accumulations than usual
  • U.S.
    Delta drying is expected through the next ten days and that will raise the need for rain by the end of this forecast period, but crops are mostly in good shape today
  • U.S.
    southeastern states are expecting a mix of rain and sunshine during the next ten days with more sun than rain
  • Northern
    Europe’s soil moisture continues in decline, but temperatures have not been excessively warm which has kept most crops still in favorable condition
    • Rain
      will continue to elude the region for ten more days and temperatures may rise slightly, but crops will likely stay in favorable condition for a while longer
  • Near
    to above normal temperatures in northern Europe will exacerbate the stress on crops in the drier areas of the North and Baltic Sea regions, although no extreme heat is expected
  • Rainfall
    has been lacking for two weeks in the North Sea region and for three weeks in the Baltic Plain
    • Another
      ten days of dry weather is still coming
  • Southern
    Europe continues to experience frequent rain and thunderstorm activity maintaining wetter biased soil conditions
    • There
      is a risk of local flooding in many areas and some flooding has already occurred periodically in a few areas
    • The
      next ten days do not offer a serious change in the moisture situation
  • Eastern
    CIS New Lands soil conditions have dried out more notably in the past week with topsoil moisture now rated short to very short east of the Ural Mountains and into northern Kazakhstan
    • The
      heat and dryness will last through Monday and then the opportunity for scattered showers and thunderstorms and gradual cooling is expected
      • Relief
        will evolve, but it is still questionable how significant that will be
  • China’s
    wheat harvest area is drying out after last weekend’s heavy rainfall
    • The
      production area was impacted by significant rain during the weekend of May 22 and this past weekend resulting in some wheat quality declines
      • The
        weather is expected to be much improved over the next ten days which should help to dry out the crop and limit grain quality losses
    • Some
      of east-central China’s summer crops may have to be replanted after the recent bout of extreme rainfall
  • Eastern
    and southern Alberta, Canada us still chronically dry and must get rain soon to keep crops alive in the driest areas
    • Some
      showers will evolve next week, but it is doubtful that the rain will be as great as needed to offer relief from recent weeks of dryness
  • Saskatchewan,
    Canada will receive frequent rain over the next week resulting in wetter biased field conditions
    • The
      exception will be in the far southeast of the province and in neighboring areas of southern Manitoba where it will remain dry
    • Relief
      from drought is expected, albeit temporarily and more rain will be needed.
  • Other
    areas in the Prairies will experience some timely rainfall during the next ten days and the resulting precipitation will be welcome, although briefly disrupting to farming activity.
    • Portions
      of southern Manitoba have been trending a little dry recently and greater rain is needed, despite the fact that some rain occurred earlier this week
  • Ontario
    and Quebec weather has improved with warmer temperatures and limited rainfall in recent days
    • A
      trend change back to cooler conditions and some periodic rain is needed and expected this weekend and especially next week that will maintain favorable crop and field conditions
  • Tropical
    Depression Two in the Gulf of Mexico will move to western Cuba this weekend where it will likely dissipate
    • The
      system may help bring some rain to Florida and will produce it in western Cuba as well, but no damaging wind or flooding rain is expected in either region
  • U.S.
    Pacific Northwest will continue to dry out with the Yakima Valley of Washington and neighboring areas of north-central Oregon in need of rain
    • Irrigation
      is used extensively in the region and will support many crops
    • Temperatures
      will rise above normal next week and that will accelerate the need for irrigation and raise crop stress for unirrigated areas
  • Idaho
    and Wyoming will experience frequent showers and thunderstorms during the coming week to ten days favoring dry bean, sugarbeets and some corn development
  • Mexico’s
    drought is not likely to improve for the next two weeks
    • Rain
      will occur periodically in eastern and far southern portions of the nation, but seasonal rains are expected to be delayed starting by at least two more weeks