Minnesota Drought Expands - 90s Likely Holiday Weekend You know it s going to be a long summer when 80s constitute a cooler front . After slight relief the mercury spikes again over the weekend with low to mid 90s likely; a few towns may come close to record territory by Sunday. We cool off a bit next week with a better chance of showers and T-storms.
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Smoking Hot 4th of July Holiday Weekend
I remember summers where it wouldn t stop raining, agitated neighbors walking dogs in light jackets, shaking their fists at me, and a cool sloppy sky. Will we be cheated out of summer they asked. I could only shrug and blame the weather models. And the randomly cruel vicissitudes of life.
In Belgien der kälteste Monat April seit 35 Jahren
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Soils Warming Across the Corn Belt
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1. Corn, soybean markets seen weaker As investors get ready for a shortened trading week, the grain markets look to start weaker Monday. In overnight trading, the March corn futures moved 4 3/4¢ lower at $4.32 3/4. May corn futures traded down 4 1/2¢ at $4.34. January soybean futures moved 6 1/4¢ lower at $12.13 3/4. March soybean futures are 6 1/2¢ lower at $12.17 1/4. March wheat futures traded 10 3/4¢ lower at $5.97 1/4. In the outside markets, the U.S. dollar is higher, and the Dow Jones Industrials are expected to fall by triple digits. The grain markets will close at 12:00pm on December 24 and are closed on Christmas Day, December 25. Al Kluis, Kluis Advisors, says that investors will be watching South America s crop weather updates for price direction.
2. Brazil’s Import Tariff Stings U.S. Ethanol Industry Brazil’s government announced this week that it would let the current tariff rate quota (TRQ) expire, replacing it with a 20% tariff on all imports of U.S. ethanol. On Wednesday, Emily Skor, CEO of Growth Energy; Ryan LeGrand, president and CEO of U.S. Grains Council; Geoff Cooper, president and CEO of Renewable Fuels Association; and Jon Doggett, CEO of National Corn Growers Association, issued the following statement in response to the South American country’s decision. “Brazil’s decision to impose a 20% tariff on all U.S. ethanol imports is devastating for the U.S. ethanol industry, the future of cooperation and coordination between our nations. Not only does this decision risk destroying the great progress our two nations have made as global leaders in ethanol production, it marks a dramatic turn in our bilateral trade relationship,” the group stated.