PDF attached




is about 51 cents lower and USD down 17.  US equities are higher. Soybeans eased overnight on follow through buying while meal is higher from a reversal in product spreads.  Corn is higher following strength in wheat.  Wheat is higher, following Paris December
hitting a new contract high.  Soybean oil is lower on profit taking, correction to oil share, and lower outside vegetable oil markets.







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Weather Inc.


  • U.S.
    hard red winter wheat areas will have an opportunity for a little more rain today into Saturday morning before a week of dry and warming conditions evolves.
    • Some
      of the recent rain was very helpful for planting and emergence, but other areas were left a little too dry.
  • Harvest
    delays will occur in the U.S. Midwest this weekend into Monday, but improved conditions will occur thereafter for at least a week.
  • Today’s
    outlook is a little wetter in the U.S. southeastern states for next week and Delta stays a little too wet during much of the coming week.
  • A
    tropical wave in the Caribbean Sea will need to be closely monitored.
    • Today’s
      06z GFS model run suggested a tropical cyclone may evolve next week near Jamaica and move across central Cuba late next week and then pass between Florida and the Bahamas in the following weekend
      • Confidence
        in this event is low
      • The
        GFS model is the only one suggesting a tropical cyclone might evolve
  • Weather
    in West Texas will improve after showers today.
  • The
    northern U.S. Plains and Canada will have a chance for precipitation a week from now, but not until then.
  • Argentina
    will stay too dry in the west-central and northwest, despite expected showers.
  • Interior
    southern Brazil began receiving rain overnight and more is expected this weekend while center west and center south crop areas are drier biased for up to a week, despite some showers.
  • Southern
    Australia will get timely rainfall during the coming week to ten days
  • Northern
    China will be too wet for the next five days.
    • This
      will mostly be near and north of the Yellow River where local flooding is possible
  • India’s
    monsoon will begin withdrawing from the north this weekend.
  • Western
    Europe will be wet in the coming week and there is improved potential for rain in the drier areas of southeastern Europe during the second week of this month. 
  • Many
    tropical cyclones are in the world’s oceans today, but Hurricane Sam and Tropical Storm Victor are no threat to land in the Atlantic
    • Tropical
      Cyclone Gulab in the northern Arabian Sea may move into northern Oman late this weekend
    • Typhoon
      Mindulle will stay to the southeast of Honshu Japan
    • A
      new disturbance will evolve over the Philippines next week and may eventually move toward Vietnam in the second week of October
    • Another
      disturbance will form in the Philippine Sea a week to ten days from now
  • Central
    and eastern South Africa will receive some beneficial moisture over the coming week – some of which began Thursday

World Weather Inc. 


Ag Calendar

Oct. 1:

  • ICE
    Futures Europe weekly commitments of traders report (6:30pm London)
  • CFTC
    commitments of traders weekly report on positions for various U.S. futures and options, 3:30pm
  • New
    cocoa season in Ivory Coast starts
  • U.S.
    DDGS production, corn for ethanol
  • USDA
    soybean crush, 3pm
  • Australia
    commodity index
  • FranceAgriMer
    weekly update on crop conditions