Corn and wheat futures are slightly lower with soybeans slightly higher ahead of USDA’s reports. Cattle futures are mildly lower with lean hogs up slightly to start the week...
The U.S. Climate Prediction Center (CPC) now says there are 91% odds La Niña will persist through the September-November timeframe and 54% chances it lasts through January-March 2023.
The latest ENSO forecast model runs by the U.S. National Oceanic and Atmospheric Administration (NOAA) suggested that La Nina may last longer than previously suggested.
