MarketsFarm — While Argentina is headed to one of its worst soybean harvests in decades, the U.S. Department of Agriculture (USDA) attaché in Buenos Aires projects a huge turnaround in […] Read more
Tag Archives el nino
Argentina soybeans expected to go from horrible to great
El Nino expected to improve growing conditions
U.S. forecaster sees 62 per cent chance of El Nino developing during May-July
Argentina, parts of U.S. could benefit; Asian crops may not
Reuters — A U.S. weather forecaster on Thursday predicted a 62 per cent chance of the El Niño phenomenon developing in the Northern Hemisphere during May-July, and a strong chance […] Read more
USDA’s Indonesia desk predicts increased palm oil production
An El Nino event could weigh on that outlook
MarketsFarm — Indonesia, the world’s largest producer of palm oil, is forecast to see a three per cent rise in production in 2023-24, according to the U.S. Department of Agriculture’s […] Read more
U.S. grains: Wheat, corn get boost off weaker dollar after multi-month lows
Expectations grow for Black Sea deal extension
Chicago | Reuters — Chicago wheat futures closed higher on Friday, boosted by a weaker U.S. dollar, after hitting a 20-month low, while corn futures rose from a seven-month low. […] Read more
U.S. grains: Chicago corn dampened by prediction of El Nino rain
Black Sea export deal hopes drag wheat to 18-month low
Chicago | Reuters — Chicago corn futures hit their lowest price since August on Thursday on expectations that the El Nino climate phenomenon could boost U.S. crops and concerns about […] Read more
La Nina set to continue for third year
Other weather patterns may override temporarily
MarketsFarm — With fall soon upon North America, there’s nothing overly unusual with the continuation of La Nina, according to Drew Lerner, president of World Weather Inc. at Overland Park, […] Read more
La Nina conditions to continue, but odds lower into winter
Reuters — Chances for La Niña are expected to gradually decrease from 86 per cent in the coming season to 60 per cent during December to February in 2022-23, a […] Read more
La Niña likely to continue into spring, U.S. forecaster says
Reuters — La Nina conditions are likely to continue during the Northern Hemisphere spring, a U.S. government weather forecaster said on Thursday. The La Niña weather pattern, characterized by unusually […] Read more
La Nina done, U.S. CPC says
Neutral weather likely through summer
Reuters — A U.S. government weather forecaster said on Thursday La Nina has ended and El Nino-Southern Oscillation (ENSO) neutral conditions are likely to continue through the Northern Hemisphere summer. […] Read more
WMO officially calls a La Nina winter
MarketsFarm — A La Nina weather event has officially developed in the Pacific Ocean and is expected to continue into 2021, affecting temperatures, precipitation and storm patterns around the world, […] Read more