Polar Vortex Chill May Hinder Fieldwork Start
A cold wave in early March from the far north shows potential to linger during a good portion of the 2023 spring season.
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A cold wave in early March from the far north shows potential to linger during a good portion of the 2023 spring season.
Rising temperatures in the U.S., recent rainfall in Argentina, and some breaks in rain for parts of Brazil are the weather factors driving the markets Wednesday.
Very cold air is forecast to move back through the middle of North America later this week, with the cold snap lasting well into February, thanks to a La Nina weather pattern. Southeastern areas of the U.S. will see less of the cold while northwestern areas should be socked in for a while. Areas in-between will waffle in and out of the colder conditions.
Brief cold in the U.S., recent rainfall in Argentina, and some breaks for parts of Brazil are the weather factors driving the markets Tuesday.
After a burst of good rainfall late last week, corn and soybean conditions improved in Argentina. However, the underlying dryness concerns continue. More rain is falling this week and next. Will the crop continue to have a positive response?