Traders are continuing to watch weather events as we’ve passed the mid-way point of August. Mark Oppold has more details.
Hurricane Season Could be Worse than Predicted
The Atlantic tropical storm season may be rougher than had been earlier predicted. Brad Rippey, USDA meteorologist, outlines the new National Weather Service forecast for Atlantic Basin storms.
August Could be Tough on the Soybean Crop
August could be a volatile month for some commodities on the trading floor. Mark Oppold explains why this could be true for soybeans and what they will be looking at this month.
Rain Quickly Evaporates This Time of the Year
Very hot temperatures are being found across many of the major growing areas right now. And as Mark Oppold reports, any rains found at this time of the year quickly evaporate.
Warm Ocean Temperatures Could Increase Chances of Hurricane Activity
Very warm water temperatures in the Atlantic Ocean have some believing the chances of hurricane activity could increase from earlier predictions. Mark Oppold has more details. (NOAA’s National Hurricane Center) — a division of the National Weather Service — has a new model to help produce hurricane forecasts this season. The Hurricane Analysis and Forecast System (HAFS) was put into operations on June 27 and will …
Looking Forward to August Crop Report
We mentioned yesterday that weather is top of mind right now for grain traders. And as Mark Oppold reports, many are also already looking forward to the monthly crop report coming out in August.
Heat Continues over Pastures and Rangelands
Here in the Southeast we are all familiar with the lingering above normal heat. But this heat wave is also affecting other areas of the country, and Rod Bain has a look at how it is impacting crops, pastures and rangeland. USDA meteorologist Brad Rippey runs through the latest USDA pasture and rangeland condition report.
Looking at Peanut Fields after the Rains
Peanut specialists have been talking with growers about how things look in fields that saw the recent heavy rains. Tyron Spearman has more information about what they are saying at this time.
Watching the Weather in the Grain Trade
We’ve talked before how the weekly crop reports are something grain traders look at closely. And as Mark Oppold reports, this is especially true right now as all eyes are on weather conditions.
Georgia Counties As Primary Natural Disaster Areas Following March Freezes
(GDA/Atlanta, GA/June 27, 2023) — Yesterday, United States Department of Agriculture (USDA) Secretary Tom Vilsack issued a natural disaster declaration for numerous Georgia counties following the untimely March freezes that caused significant damage to Georgia’s peach crop as well as other commodities. This declaration allows USDA’s Farm Service Agency to extend essential emergency credit to Georgia farmers and follows a months’ …