Conab updates its 2024 view. October 10, 2023
For the latest rolling June-August average the measurement is a strong El Nino at 1.1. This is tied for the sixth strongest El Nino at this time of year since 1950. El Nino is consistent with above trend yields for Argentine corn and soybeans. We would suggest its influence is sloppy for Brazilian corn and soybeans. The monthly update in the El Nino forecast will be on Thursday.
Please login to your premium subscription to view this content in its entirety.
Post Archives
Allendale Insider
Allendale Insider
On The Go
On The Go
Market Movers
-
SA maps still look solid for rains in the 10 day
December 1, 2023
-
Trade expects strong exports and more 8 AM announcements
November 30, 2023
-
Open interest continues to fall drastically
November 29, 2023
-
Overnight reacting to slow BRA planting pace and may be looking for new China buying
November 28, 2023
-
Trade Holds On To Hope Of China Purchases
November 27, 2023
Market Movers
December 1, 2023
November 30, 2023
November 29, 2023
November 28, 2023
November 27, 2023
Snapshots
Snapshots