PDF attached

 

Morning.

 

Higher
trade in the soybean complex, corn, and wheat.  November soybeans are roaring higher back to near it contract high. December soybean meal overnight nearly reached its absolute contract high while December soybean oil remains nearly 200 points off its absolute
contract high.  Weather, demand, and lower USD are driving factors. 

 

Rain
will increase in Brazil but there is now talk too much frequent rain could delay soybean plantings for some areas.  Brazil rainfall will slowly increase over the next two weeks in center west and center south crop areas improving soybean planting and establishment
conditions.  Argentina will see additional rainfall Friday through Sunday of another 0.50 to 2.00 inches.  Northern US Great Plains saw snow over the past day, delaying fieldwork activity.  Eastern Ukraine and Kazakhstan will see limited rainfall for a while. 

 

 

 

 

 

 

Weather
and Crop Progress

 

                 

 

 

 

TODAY’S
MOST IMPORTANT WEATHER

  • Heavy
    snow fell Tuesday from extreme eastern South Dakota through central and southern Minnesota where 4 to 10 inches resulted in travel delays and livestock stress
    • Some
      of the snow shifted into Wisconsin and impacted western and northern parts of that state as well
  • A
    new snowstorm of significance will occur today and Thursday from northern South Dakota and southern North Dakota to central and interior northern Minnesota as well as areas east northeast to the northern Great Lakes region
    • Accumulations
      of 3 to 9 inches will be common with local totals of 10 to 14 inches; northern South Dakota and parts of central Minnesota will see the greatest amounts
      • Additional
        travel delays and livestock stress will result
      • Late
        season corn, sugarbeet and other harvest progress will be delayed
  • Bitter
    cold air is still expected in the northern U.S. Plains and a part of Canada’s Prairies over the next several days
    • Extreme
      lows in the negative and positive single digits will occur from Montana, northern Wyoming and the far western parts of the Dakotas northward into the heart of the Canadian Prairies
      • The
        cold and snow that precedes it will stress livestock
  • Snow
    will fall into the central Plains late Saturday into Monday with accumulations of 1 to 3 inches common from Nebraska to eastern Colorado with local totals of 4 to 5 inches probably favoring northeastern Colorado and far southwestern Nebraska, although confidence
    is low
  • U.S.
    hard red winter wheat areas will receive some needed moisture from the waves of snow, rain and freezing rain that will impact the central and southwestern Plains briefly from Thursday into Tuesday of next week
    • Most
      of the precipitation will occur in the north and eastern parts of the region where moisture totals will vary from 0.10 to 0.50 inch and a few amounts as great as 0.70 inch
    • However,
      moisture totals in the high Plains region will be less than 0.20 inch except in southwestern Nebraska, northeastern Colorado and possibly far northwestern Kansas where 0.20 to 0.35 inch “may” result
    • All
      of the moisture will be welcome, but there will be need for more to ensure the best winter crop establishment when temperatures warm again
  • Montana
    wheat planting and emergence is incomplete, and temperatures will be cold enough for a long enough period of time to raise concern about that planting getting completed
    • Warming
      is expected late next week through the following weekend
  • U.S.
    Midwest harvest delays will occur through early next week due to waves of rain and some snow
    • Drier
      weather is expected in the following week to improve harvest progress, although a period of drying will be required after some significant moisture impacts the region
      • Snowmelt
        will keep the upper Midwest wet for a longer period of time extending the harvest delays
  • West
    Texas cotton and other summer crop harvesting will be delayed by precipitation during the late weekend through the first half of next week
    • Drier
      and warmer weather will return late next week through the first week in November supporting better harvest conditions
  • U.S.
    Delta and southeastern states weather will be disrupted by periods of rain over the next two weeks
    • Some
      of the advertised rain may be overdone and future model forecasts will bring some better field working conditions, but progress will still advance slowly.
  • U.S.
    Pacific Northwest precipitation will be limited to an event expected Friday into Saturday with drier biased conditions occurring in the following ten days
  • U.S.
    far west will continue drier than usual through much of the next couple of weeks, especially south of the Columbia River Basin
  • Hurricane
    Epsilon is a huge storm, but will pass to the east of Bermuda later this week and should then turn away from North America posing no land impact
  • Tropical
    Storm Saudel was located west of the Philippines this morning and was becoming better organized after moving across Luzon Island Tuesday