Pro Farmer
NOAA officially declared El Niño on Thursday and says the climate pattern has a 63% chance of reaching “very strong” status by fall, potentially shaping U.S. weather through harvest and winter.
Cuts to U.S. wheat production failed to offset other changes globally
USDA sees U.S. wheat production at 1.543 billion bushels; world corn ending stocks estimate rises
As leader of Wells Fargo’s newly formed Food, Beverage and Agribusiness division, Brad Matsik says the bank is “tripling down” on financial tools, wealth management, and estate planning.
The U.S. is now below 75% or more abnormally dry for the first time since February
Corn, soybeans and wheat are consolidating in recent ranges, not far off for-the-move lows.