While La Nina can often bring additional late January and February dryness to many South American corn and soybean crops, what happens with ocean temperatures in other parts of the world and the weather over Antarctica can “offset” these dry signals.
10 days ago in the hype and mayhem of an explosive grain market, brought on by inflation fears, tight global stocks and a bullish USDA report, we called for the potential top of the corn and soybean market; at least for now.
Here is an interview with Jim Roemer on the popular Iowa PBS commodity show, “Market to Market” that was taped on January 14th and broadcast on January 19th about the potential for spring weather problems for US farmers, but the ending of the South American drought.
CLICK ON VIDEO ABOVE TO HEAR ABOUT LA NINA, WEATHER AND COMMODITIES FOR FARMERS AND TRADERS
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