PDF attached

 

Good
morning

 

Lower
start to Monday despite a higher trade in WTI crude oil.  Rains across the Midwest over the weekend were near expectations, favoring MO, southern IL, IN, OH and MI.  Rain this week should favor the north central Midwest mid-workweek and eastern areas Thursday
through Friday.  The Great Plains will see light showers across eastern NE Tuesday and central TX Thursday. 
There
were five import tenders announced since Friday, including  Egypt in for vegetable oils and Ethiopia in for more wheat.  China’s pork production was up 38% in the first nine months of 2021 to 39.17 million tons, according to the National Bureau of Statistics
(NBS). 

 

 

 

Map

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Weather

7-day

Map

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World
Weather Inc.

WORLD
WEATHER HIGHLIGHTS FOR OCTOBER 18, 2021

  • Not
    much change overnight or during the weekend.
  • Brazil’s
    weather still looks very good, although Rio Grande do Sul will likely dry out over the next ten days to two weeks along with Uruguay, and eastern most Argentina.
    • Keep
      an eye on this region because as La Nina intensifies this area may have more dryness in November and December.
  • Argentina’s
    rainfall will be restricted, although some rain is expected late this week and early in the weekend and again about one week later.
  • Australia’s
    winter crop conditions remain very good with little change expected.
  • Northern
    China will be drying down over the coming week while rain occurs in the east-central and southern parts of the nation.
  • India
    turned wetter during the weekend but will dry down in northern and central areas again this week. 
  • Flooding
    rain fell in central Vietnam during the weekend as expected with the Hue area reporting more than 18.00 inches of rain and more wet weather is expected later this week.
  • Europe
    and western Russia weather will be favorably mixed.
  • South
    Africa will get some welcome rain for spring planting this week
  • West-central
    Africa coffee and cocoa production areas will be wetter than usual.
  • Brazil
    citrus, sugarcane and coffee areas will remain favorably moist, as well. 

 

Bloomberg
Ag Calendar

Monday,
Oct. 18:

  • USDA
    export inspections – corn, soybeans, wheat, 11am
  • U.S.
    crop conditions – corn and cotton; soybeans harvested; winter wheat planted, 4pm
  • China’s
    second batch of trade data, including corn, wheat, sugar, pork imports
  • China
    3Q pork output and inventories
  • GrainCom
    conference, Geneva, day 1
  • Ivory
    Coast cocoa arrivals

Tuesday,
Oct. 19:

  • EU
    weekly grain, oilseed import and export data
  • New
    Zealand global dairy trade auction
  • S&P
    Global Platts European Sugar Virtual Conference, day 1
  • GrainCom
    conference, Geneva, day 2
  • HOLIDAY:
    Malaysia, Pakistan

Wednesday,
Oct. 20:

  • EIA
    weekly U.S. ethanol inventories, production
  • China’s
    third batch of trade data, including soy, corn and pork imports by country
  • Malaysia
    Oct. 1-20 palm oil exports
  • S&P
    Global Platts European Sugar Virtual Conference, day 2
  • USDA
    total milk production, 3pm
  • GrainCom
    conference, Geneva, day 3
  • HOLIDAY:
    Indonesia

Thursday,
Oct. 21:

  • USDA
    weekly crop net-export sales for corn, soybeans, wheat, cotton, pork and beef, 8:30am
  • International
    Grains Council monthly report
  • Port
    of Rouen data on French grain exports
  • USDA
    red meat production, 3pm

Friday,
Oct. 22:

  • 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
  • FranceAgriMer
    weekly update on crop conditions
  • U.S.
    cattle on feed; cold storage data for pork, beef and poultry, 3pm