Friday, July 29, 2022

Friday Market Watch - Generally Higher Markets To Close The Week

LIVESTOCK:

Support infiltrated the livestock complex ahead of closing, but next week the markets are expecting to see renewed pressure. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $2.51 with a weighted average of $117.08 on 2,919 head. 

From Friday to Friday, Livestock Futures scored the following changes: August live cattle down $0.93, October live cattle down $0.78; August feeder cattle down $2.97, September feeder cattle down $2.92; August lean hogs up $1.95, October lean hogs up $0.90; September corn up $0.52, December corn up $0.56.

Friday's slaughter is estimated at 124,000 head, 5,000 head more than a week ago and 8,000 head more than a year ago. Saturday's slaughter is projected to be around 50,000 head. This week's slaughter is estimated at 669,000 head, 4,000 head more than a week ago and 23,000 head more than a year ago.

Boxed beef prices closed higher: choice up $1.47 ($269.24) and select up $1.44 ($242.25) with a movement of 74 loads (42.23 loads of choice, 12.76 loads of select, 7.79 loads of trim and 11.40 loads of ground beef). Throughout the week choice cuts averaged $268.45 (down $1.26 from a week ago) and select cuts averaged $242.75 (up $0.42 from a week ago) and the week's total movement of cuts, grinds and trim only totaled 523 loads.

More: Friday Closing Livestock Market Update - Contracts Catch a Break and Close Higher


GRAINS:

September corn closed up 1 1/4 cents and December corn was up 1 cent. August soybeans closed up 27 3/4 cents and November soybeans were up 28 cents. September KC wheat closed down 15 1/4 cents, September Chicago wheat was down 9 1/4 cents and September Minneapolis wheat was down 22 cents. 

For the week:

September corn closed up 52 cents and December corn was up 55 3/4 cents. August soybeans ended up $2.02 1/2 cents and November soybeans were up $1.52 3/4 cents. September KC wheat closed up 54 1/4, September Chicago wheat was up 48 3/4 cents and September Minneapolis wheat was up 35 cents.


DAIRY:

Class III milk futures showed some nice gains to end the week, but cheese prices closed below $1.90 leaving the market in a negative posture. The week began with futures moving higher supported by the strength of cheese prices. However, that ran its course by Wednesday as buyers pulled back from the market. Class IV faired better for the week but did not gain as much as Class III did today. Nonfat dry milk was a bit of an anchor on futures. The forecast for hot weather next week will have an impact on milk production but it may not have a significant impact on overall supply. USDA released the June Agricultural Prices report showing average prices for the month. The average corn price for June was $7.37. an increase of $0.11 per bushel from May. Premium/ supreme hay price averaged $277.00 per ton, up $3.00 per ton from May. The All-milk price was $26.90, down $0.40 per cwt from May. The Farm Service Agency has not yet released the average soybean meal price for the month making it not possible to provide the income over feed price for the month. 

More: Friday Closing Dairy Market Update - June Income Over Feed Not Yet Available


HAY MARKETS: Blog link here


OUTSIDE MARKETS:

The September U.S. Dollar Index is trading down 0.38 at 105.86. The Dow Jones Industrial Average is up 263.94 points at 32,793.57. August gold is up $13.80 at $1,764.10, September silver is up $0.38 at $20.25 and September copper is up $0.1010. September crude oil is up $1.95 at $98.37, September heating oil is down $0.0615, September RBOB gasoline is up $0.0205 and September natural gas is down $0.041.




June Agricultural Prices Received Index Up 0.2 Percent, Prices Paid Index Up 0.4 Percent

June Prices Received Index Up 0.2 Percent   

The June Prices Received Index 2011 Base (Agricultural Production), at 134.8, increased 0.2 percent from May and 26 percent from June 2021. At 125.6, the Crop Production Index was up 2.2 percent from last month and 17 percent from the previous year. The Livestock Production Index, at 144.9, decreased 0.8 percent from May, but increased 35 percent from June last year. Producers received higher prices during June for oranges, corn, hogs, and soybeans but lower prices for strawberries, broilers, milk, and wheat. In addition to prices, the volume change of commodities marketed also influences the indexes. In June, there was increased monthly movement for wheat, hay, peaches, and corn and decreased marketing of oranges, milk, broilers, and strawberries.    

June Prices Paid Index Up 0.4 Percent   

The June Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 134.8, is up 0.4 percent from May 2022 and 13 percent from June 2021. Higher prices in June for feeder cattle, other services, gasoline, and diesel more than offset lower prices for feeder pigs, complete feeds, potash & phosphate, and mixed fertilizer.






Thursday, July 28, 2022

This Week's Drought Summary (7/28)

Drought persisted across much of the West this week, while flash drought over parts of the Great Plains, Ozarks, and Mississippi Valley continued to intensify and cause agricultural problems. Short-term drought also expanded over parts of the Northeast this week, where deficits in short-term precipitation and streamflows mounted in some areas. Conditions locally improved in parts of the Southwest due to an influx of rainfall from the North American Monsoon. Farther east into the lower Great Plains and Midwest, localized heavy rainfall led to improvements, including severe flooding in the St. Louis Metro area, which previously had been experiencing abnormally dry conditions. In Alaska, moderate drought was mostly removed after recent rainfall improved conditions there.



Northeast

Generally hot weather occurred in the Northeast this week, as most of the region saw temperatures 4-8 degrees Fahrenheit above normal. Drier weather also occurred in the eastern coastal areas; this led to growing precipitation deficits, reductions in streamflow, poor soil moisture, and water shortages in some areas. Severe drought expanded in coverage in eastern Massachusetts, Rhode Island, and eastern Connecticut. Widespread calls for water conservation occurred from New England to the Hudson Valley and New Jersey, and hay fields struggled in Rhode Island.

Southeast

Spotty heavy rain fell in the Southeast region this week, while some areas remained dry. Temperatures were mostly within a couple degrees of normal, except for northern Alabama, North Carolina, and Virginia, where temperatures were 2-6 degrees above normal. Moderate and severe drought expanded slightly in northern Alabama in areas missed by heavy rains. Lake Wilson in eastern North Carolina has been drying as a result of ongoing moderate drought. In areas that received more rainfall, such as near Savannah, Georgia, conditions improved enough for drought to end. Due to recent rains, short-term moderate drought in northern Georgia also ended.

South

Weather across the South this week was mostly hot and dry, with some notable exceptions. Heavier rain occurred in southern Louisiana and southern Mississippi, as well as eastern Tennessee. Very localized heavy rain fell from east-central Oklahoma into southwest Arkansas. Temperatures across the region were generally 2-8 degrees warmer than normal, with the warmest readings occurring in Oklahoma, Texas, northern Arkansas, and the western half of Tennessee. Flash drought conditions intensified further in central and northern Arkansas, central and eastern Oklahoma, and in spots in western Tennessee, northern Mississippi, northern Louisiana, and eastern and southern Texas. Crop failure and related problems are widespread in the part of the region experiencing flash drought, especially in northeast Texas, eastern and central Oklahoma, and northern Arkansas.

Midwest

The Midwest saw a mix of degradations and improvements in the Drought Monitor this week, after weather was highly variable across the region. Hot and dry weather covered south-central and southwest Missouri, where flash drought continued to intensify and agricultural problems continued as a result. Just to the north of this region, heavier rains fell in two areas, one from southeast of Kansas City to southeast Missouri, and a second in central, eastern, and northeast Missouri. The latter caused flash flooding in the St. Louis area and a record one-day rainfall at St. Louis Lambert Airport. Both areas of heavy rain set up tight north-to-south gradients in drought and abnormal dryness conditions in Missouri. Improvements to the drought situation occurred in parts of northeast Illinois, though heavier rains missed the severe drought area centered near Champaign. Drought expansion paused this week in the Michigan Lower Peninsula where widespread rain fell. Localized improvements were made in parts of Indiana, Ohio, and Kentucky where short-term conditions improved due to heavy rainfall. A mix of improvements and degradations occurred in Minnesota and Wisconsin around areas where heavier rain fell. Soil moisture deficits continued to mount in far northern Wisconsin, where moderate drought developed.

High Plains

With the exception of Colorado (which was mostly warmer than normal) and southern Kansas (which was 4-8 degrees warmer than normal), temperatures in the High Plains region this week were generally within 2-4 degrees of normal. Rainfall from the North American Monsoon occurred in parts of southern, central, and eastern Colorado, locally easing drought conditions in the eastern part of the state. Heavy rains in south-central and southwest South Dakota, and in southern Nebraska, northern Kansas, and east-central Kansas, led to locally improved drought and dryness conditions. Meanwhile, south of the heavier rains, flash drought continued to take hold in southern Kansas, where a combination of dry and hot weather worsened conditions. Extreme drought expanded in parts of southwest Nebraska, where short- and long-term precipitation deficits worsened conditions amid poor crop health. Drought also expanded in northeast Nebraska and southeast South Dakota, where soil moisture deficits continued to mount amid warm temperatures and dry weather. Extreme drought also developed in western Wyoming, where above-normal evaporative demand combined with short-term precipitation deficits to worsen conditions locally.



West

Rainfall from the North American Monsoon over the last few weeks led to some improvements in the drought situation across Arizona and New Mexico, where precipitation deficits lessened. Rain also fell in parts of Nevada, Utah, and eastern California this week. Temperatures were mostly 2-6 degrees above normal in the West region, though scattered areas were within a couple degrees of normal. Precipitation deficit amounts lessened enough for some improvement to ongoing short- and long-term drought in central Montana. Elsewhere, widespread drought continued this week across a large portion of the region.



Caribbean

Drought conditions were unchanged this week in Puerto Rico. Above-normal rainfall occurred near the southeast coast, the north-central coast, and parts of west-central Puerto Rico. Below-normal rainfall occurred in parts of northwest, southwest, and south-central Puerto Rico this week.

Beneficial rains fell across the US Virgin Islands, with rainfall totals ranging between half an inch to close to 2 inches for the week. However, drought classifications of severe to extreme drought persisted in the region since groundwater levels across the three islands didn't improve much. In St. John, the Windswept Beach station had 1.33 inches of rain, which resulted in a month-to-date total of 2.81 inches or 101.9% of normal. Other CoCoRaHS stations had 1.32 to 1.57 inches of rain for the week. According to the SPI values, drought free conditions were present at the 1 month period; however, moderate to severe drought was evident at the 3, 6, 9 and 12 months.

Similarly, the Cyril E King airport at St. Thomas had 1.05 inches for the week, while the CoCoRaHS stations across the island had 0.59 to 1.73 inches of rain. The month-to-date total at the airport was 1.86 inches, which is 81.9% of normal rainfall. SPI values were indicative of moderate to extreme drought at the 3, 6, 9, and 12 months, while drought free conditions were indicative at the 1 month period.

The Henry E. Rohlsen airport, St. Croix had 0.70 inch of rain this week and close to 3 inches for the month-to-date, which is 138.9% of normal. Rainfall totals varied across the CoCoRaHS stations on the island (0.59 inch to 1.73 inches). Similarly, to the other two islands, SPI values at the 1 month indicated drought free conditions. However, SPI values at the 3, 6, 9, and 12 months depicted moderate to extreme drought.

Pacific

Heavy rains in parts of Alaska this week led to widespread improvements in drought there, leaving a small area of short-term moderate drought in the east-central part of the state.

Drought conditions in Hawaii this week were unchanged; rainfall in the state was below normal in many locations.

Drought free conditions persisted across most locations in the US Affiliated Pacific Islands during this drought week. Most locations in Palau, Marianas, the Marshall Islands, and across parts of the Federated States of Micronesia had a wet week with rainfall totals over 2 inches. American Samoa, which only requires 1 inch of rain each week to meet most water needs, also had rainfall totals above its threshold. In the Marianas, Guam had the most rain across the stations analyzed in the region with 5.58 inches of rain, surpassing its monthly threshold of 4 inches in just one week. Saipan (Marianas) and Majuro (Marshall Islands) had over 4 inches of rain, while Pohnpei, Kosrae (both in the Federated States of Micronesia), Ailinglaplap, Kwajalein, and Jaluit (in the Marshall Islands) had over 3 inches of rain.

Beneficial rains have fallen across Majuro the last few weeks, resulting in a month-to-date total of 9.71 inches, which is above the monthly threshold of 8 inches to meet most water needs. Information from locals have stated that there are currently no water issues and the reservoir levels are at 83% of the current maximum capacity of 26 million gallons. For this reason, Majuro's drought classification was changed to drought free conditions.

Meanwhile, Lukunor, Kapingamarangi, Nukuoro (Federated States of Micronesia) and Wotje (Marshalls) were the only locations to have received less than 1 inch of rain for the week. Kapingamarangi continued in long-term moderate drought since residents continue to conserve water and crops and vegetation were still yellow. While the other locations were left as drought free since their month-to-date rainfall totals surpassed the monthly threshold of 8 inches to meet most water needs.

Looking Ahead

Through the morning of Tuesday, August 2, the National Weather Service Weather Prediction Center is forecasting heavy rainfall to occur from northern New Mexico and southern Colorado eastward across parts of the southern Great Plains, Mid-South, and southern Appalachians, including some areas currently experiencing flash drought. Pockets of heavy rain also may occur in western New Mexico and portions of Arizona. Elsewhere, rainfall is forecast to remain generally spotty, with many areas staying dry or mostly dry. During this period, hot weather is forecast in the Northwest, while hot temperatures are forecast over the northern Great Plains and cooler-than-normal weather is likely in the central Great Plains during the weekend (July 30-31). Temperatures are forecast to return to near-normal levels in these areas, and then may begin to warm as Tuesday, August 2 approaches.

For the period of August 2-6, the National Weather Service Climate Prediction Center forecast strongly favors warmer than normal temperatures over the eastern two-thirds of the contiguous United States, especially in the Middle Missouri River Valley. Below normal precipitation is favored in the central Great Plains, and to a lesser extent is also favored in parts of the Midwest and eastern Great Lakes. Above normal precipitation and below normal temperatures are favored in much of the western United States. Above normal precipitation is favored in east-central Alaska, while southwest Alaska is likelier to see below normal precipitation. Most of Alaska, excepting the far northern areas, is likelier to see below normal temperatures.



Tuesday, July 26, 2022

Rural Bankers Rank Top 3 Farmer Challenges

Trouble continues in the rural economy. For the fourth straight month, the Rural Mainstreet Index (RMI) has declined. This is the second consecutive month of the RMI being below growth neutral.

For July 2022, the RMI sits at 46. That is down from June’s 49.8. The index ranges between 0 and 100 with a reading of 50 representing growth neutral and is generated by a monthly survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy.

“The Rural Mainstreet economy is now experiencing a downturn in economic activity,” says Ernie Goss, who chairs Creighton’s Heider College of Business and leads the RMI. “It is concerning as this is the first time since 2020, we’ve had back-to-back months of readings below growth neutral. Supply chain disruptions from transportation bottlenecks and labor shortages continue to constrain growth. Farmers and bankers are bracing for escalating interest rates — both long-term and short-term.” 

Bankers were asked this month to identify the greatest risk for farmers over the next 12 months. They include:

  1. Rising input prices: 54% of respondents
  2. Falling grain/livestock prices: 35% of respondents
  3. Drought: 16% of respondents 

Among bankers naming drought as the greatest risk, Jim Eckert, CEO of Anchor State Bank in Anchor, Ill., said “recent rains have improved crop prospects, but our area in central Illinois is still dry compared to northern and southern Illinois.”

Regarding risks to farmers, James Brown, CEO of Hardin County Savings Bank in Eldora, Iowa, reported “it's the combination of higher input costs and a potential fall in commodity prices that are the biggest risks to farmers. Not just one or the other.”

Farmland Values Stay Strong

The region’s farmland price index for July declined to 66 from June’s 76.8, marking the 22nd straight month that the index has moved above growth neutral. July’s solid reading was the lowest index since February 2021. 

Bankers were asked this month to project the change in farmland prices for the next 12 months. On average, bank CEOs expect farmland prices to advance by 2% over the next 12 months. 

Over the last 30 days, Peoples Company Appraisal Team tracked 125 cropland auctions across 51 Iowa counties. In total, 11,812 acres of cropland sold in auctions for approximately $151 million, or an average of $12,780 per acre.

The July farm equipment-sales index sank to 56.5 from 71.4 in June.  This was the 20th straight month that the index has advanced above growth neutral, but it marked the lowest reading for the index since January 2021. 

Even with significant 2022 input price increases, bankers expect to record a half percentage point decline in farm loan delinquencies over the next 12 months. 

The slowing economy, strong energy prices and agriculture input prices constrained the business confidence index to 26, its lowest level since May 2020, and down from 33.9 in June. This marks the lowest back-to-back readings since the beginning of the pandemic in April and May of 2020.   




Idaho And Western United States SNOTEL Water Year (Oct 1) to Date Precipitation % of Normal (7/26)










Monday, July 25, 2022

USDA Crop Progress Report - Corn, Soybean Conditions Fall Week Ended July 24

OMAHA (DTN) -- Heat and a lack of moisture in much of the country took a toll on U.S. crop conditions last week, with good-to-excellent condition ratings for corn, soybeans and spring wheat falling, USDA NASS reported in its weekly Crop Progress on Monday.

However, some relief is likely on the way for much of the country this week -- at least temporarily -- according to DTN meteorologists.

CORN

-- Crop development: 62% of corn was silking as of Sunday, July 24, according to NASS. That is 8 percentage points behind the five-year average of 70%. Corn in the dough stage was estimated at 13%, 2 percentage points behind the five-year average of 15%.

-- Crop condition: 61% of corn was rated in good-to-excellent condition, down 3 percentage points from 64% previous week and 3 percentage points below last year's rating at this time. "The current good-to-excellent rating is the third-lowest rating for corn since 2010," said DTN Lead Analyst Todd Hultman. "Last week's largest rating drops were in Tennessee, Kansas, Colorado and Nebraska -- all areas that have been short on moisture."

SOYBEANS

-- Crop development: 64% of soybeans were blooming, 5 percentage points behind the five-year average of 69%. Twenty-six percent of soybeans were setting pods, 8 percentage points behind the five-year average of 34%.

-- Crop condition: 59% of soybeans were rated in good-to-excellent condition, down 2 percentage points from 61% the previous week but up slightly from 58% a year ago at this time. "The largest declines in last week's soybean ratings were reported in Arkansas, Michigan, Nebraska, Tennessee, Missouri and two Southern states," Hultman said.

WINTER WHEAT

-- Harvest progress: 77% of the crop was harvested as of Sunday, 3 percentage points behind the five-year average of 80%. "Nebraska's winter wheat harvest is 84% finished, and South Dakota is 64% done," Hultman said. "Montana and states in the Northwestern U.S. are still in the early stages of harvest."

SPRING WHEAT

-- Crop development: 86% of the crop was headed, 10 percentage points behind the five-year average of 96%.

-- Crop condition: 68% of the crop was rated in good-to-excellent condition, down 3 percentage points from 71% the previous week but far above last year's rating of 9%. "Most states showed small changes in spring wheat conditions, except for a 7-percentage-point drop in Montana," Hultman noted.

THE WEEK AHEAD IN WEATHER

"This week, the majority of the primary growing regions of the country are seeing a massive break in the heat and humidity that have been causing declines in crop ratings in recent weeks," said DTN Ag Meteorologist John Baranick. "That started over the weekend when a cold front pressed through most of the Corn Belt, bringing scattered showers that were more widespread around the Great Lakes. That front continues to produce scattered showers across the southern Corn Belt from Kansas and Nebraska through the Ohio Valley early this week.

"That front will be followed by a second cold front coming through the Northern Plains on Monday and Tuesday that will push the first front even farther south for the end of the week. Showers will get as far south as the Red River Valley between Oklahoma and Texas through the central Delta and Tennessee Valley with showers through the weekend. Drought areas will see moderate to heavy rainfall, and some areas are at risk for flooding.

"North of the front, temperatures have already fallen near to below normal. The second cold front will reinforce the colder temperatures and press farther south, easing the heat that has been gripping the Southern Plains and Delta. However, the cold front will not make it far enough south into Texas to either ease temperatures or bring significant showers while heat continues.

"One area that is seeing worse conditions this week is out in the Pacific Northwest where heat and dryness will sap soil moisture and likely cause spring wheat conditions to decline on next week's report. Conditions are better for dry-down and harvest of winter wheat, however.

"The break in the conditions is favorable for most areas this week, but it will not last long. This weekend, high temperatures that are parked out in the West will spread into the Plains and then will spread through the country next week while showers dry up. The return to the regular summer pattern starts back up next week."








Bureau of Reclamation, Pacific Northwest Region - Storage Reservoirs in the Upper Snake River (7/25)


Average daily streamflows indicated in cubic feet per second.

Reservoir levels current as of midnight on date indicated.

Upper Snake River system is at 45 % of capacity.
(Jackson Lake,Palisades, Grassy Lake,Island Park,Ririe,American Falls,LakeWalcott)
  
Total space available:2214253 AF
Total storage capacity:4045695 AF

 






Friday, July 22, 2022

Friday Market Watch - Wheat Markets Crash and Burn as Ukraine Export Agreement is Signed

 LIVESTOCK:

Heading into Monday's market, the big question will be: which USDA report are the cattle contracts going to focus on? The Cattle on Feed report was somewhat bearish with its larger-than-expected placements, but the Cattle Inventory report was bullish with the market possessing the fewest beef cows it's had since 2014. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $6.23 with a weighted average of $118.48 on 4,266 head. 

From Friday to Friday livestock futures scored the following changes: August live cattle up $2.45, October live cattle up $3.45; August feeder cattle up $5.20, September feeders up $4.80; August lean hogs up $8.88, October lean hogs up $3.73; September corn down $0.40, December corn down $0.40.

More: Friday Closing Livestock Market Update - Contracts Rally Ahead of USDA Reports


GRAINS:

September corn closed down 11 1/2 cents per bushel and December corn was down 9 1/4 cents. August soybeans closed up 16 cents and November soybeans were up 14 1/4 cents. September KC wheat closed down 41 cents, September Chicago wheat was down 47 1/4 cents and September Minneapolis wheat was down 40 1/4 cents. 

For the week:

September corn closed down 40 cents, December corn closed down 39 1/2 cents. August beans closed down 31 1/2 cents, and November finished down 26 1/2 cents. Kansas City Sep wheat fell 17 1/4 cents, Chicago Sep wheat was down 17 3/4 cents, and Minneapolis Sep wheat closed down 41 1/2 cents.


DAIRY:

It has been another negative week with more of the pressure seen in later contracts. That has been a bit unusual as market movement is generally confined to closer contracts. However, the outside market influences have increased the bearishness of traders into next year. Higher prices at the grocery store and the uncertainty of demand through the rest of this year are having substantial impacts on the market. The Bi-annual Cattle Inventory report showed the dairy herd on July 1st at 9.45 million head, down 1% from a year ago. This was not much outside of expectations. The bullish aspect of the report was dairy heifers at 3.75 million head. These are heifers 500 pounds and up. This is a 39.7% ratio of heifers to cows and the lowest ratio since July 2003. This will keep expansions limited and the nation's dairy herd from growing anytime soon.

More: Friday Closing Dairy Market Update - Cheese Inventory Declined


THIS WEEK'S HAY MARKETS (link to blog)


OUTSIDE MARKETS:

The September U.S. Dollar Index is trading down 0.259 at 106.545. September crude oil declined $1.65 per barrel closing at $94.70. The DOW declined 138 points ending at 31,899 while the NASDAQ declined 227 points closing at 11,834. August gold is up $6.60 at $1,720.00, September silver is down $0.29 at $18.43 and September copper is up $0.0170 at $3.3155. September heating oil is down $0.1258, September RBOB is up $0.0359 and August natural gas is up $0.364.




Thursday, July 21, 2022

This Week's Drought Summary (7/21)

Most of the eastern third of the U.S. recorded precipitation during the last week, with only a few pockets that missed out. Portions of the Midwest and into the Southeast had some amounts over 3 inches for the week and even widespread 5+ inch amounts in the coastal areas of Florida, and some rain at the end of the period allowed for much of New England to stay status quo for the week and even see a few improvements. The areas with the most rain also had the coolest temperatures, with much of the Midwest and Southeast cooler than normal for the week with departures of 2-4 degrees below normal. Warmer-than-normal temperatures dominated the western half of the country with areas from Montana to Texas recording temperatures that were 6-8 degrees above normal. The coastal areas of the Pacific Northwest were cooler than normal while the Great Basin was warmer than normal with departures of 6-8 degrees above normal. With the dryness and heat, the flash drought that has been developing in the central to southern Plains developed even more this week with the wet conditions of May and June quickly being forgotten.


Northeast

The coastal areas of the region were warmer than normal this week with departures of 2-4 degrees above normal common from New Jersey to Maine. A large rain event occurred through much of the region and allowed for some improvement to the abnormally dry conditions in New Jersey, southeast New York, and western Connecticut and slowed down degradation through New England. Improvements were also made to abnormally dry and moderate drought conditions in northern Vermont as well as to moderate drought in central Maine. The severe drought area in Massachusetts was expanded this week and abnormally dry conditions were expanded, and some new pockets of moderate drought conditions were introduced over western New York and northern Pennsylvania. Abnormally dry conditions were expanded out of central New Jersey and into extreme eastern Pennsylvania as a result of short-term dryness.

Southeast

Widespread precipitation through the region allowed for temperatures to be cooler than normal for most of the Southeast with departures of 1-3 degrees below normal. Pockets of heavier rain were recorded throughout Florida, Georgia, and into the Carolinas. Dry conditions continued to dominate areas along the Mississippi and Alabama borders as well as western Tennessee. In the Carolinas, widespread improvements were made to moderate drought and abnormally dry conditions. Some lingering long-term dryness remains along coastal regions, which did not allow for all the drought to be eliminated even with the good rains recently. Some expansion of moderate drought took place in eastern sections of Georgia and abnormally dry conditions were expanded in both Georgia and northern Alabama. Drought continued to intensify over western Tennessee, where moderate and severe drought expanded this week.

South

As with areas of the central Plains, the South had widespread hot and dry conditions for the week. Areas of northeast Arkansas, western Louisiana and northern Mississippi had the most rain, with pockets of rain throughout central and southern Texas. Temperatures were warmer than normal with departures of 4-6 degrees above normal over most of northern Texas and Oklahoma. As both long-term and short-term dryness have impacted this area, extreme and exceptional drought expanded over Oklahoma and Texas while flash drought development has impacted much of eastern Oklahoma into Arkansas. Widespread degradation took place this week with a full category degradation over much of Oklahoma, Arkansas and into northern Texas. Further degradation took place over portions of east Texas with just small areas of improvement over far west Texas, the western Panhandle and into southwest Texas.

Midwest

Another week where most of the eastern portions of the region recorded above-normal precipitation, with the greatest amounts through Kentucky, southern Illinois, southern Indiana and northern Ohio as well as in portions of northern Wisconsin. Temperatures were 1-3 degrees below normal in these areas of greatest precipitation, with the coolest readings over eastern Wisconsin and northern Ohio. Warmer-than-normal conditions were recorded from Minnesota to Missouri, where flash drought conditions continue to develop in the southern half of the state. Missouri had widespread degradation this week with most of the southern half of the state experiencing a full category degradation on the U.S. Drought Monitor. Severe drought expanded over western Kentucky while moderate drought expanded over central Minnesota. New areas of moderate drought were introduced into southeast Iowa and Michigan while a new area of severe drought was introduced into central Minnesota. Improvements were made to moderate drought and abnormally dry conditions over Illinois, Indiana, and Kentucky, with just a slight expansion of severe drought in eastern Illinois. Heavy rains over portions of northern Wisconsin allowed for improvements to moderate drought and abnormally dry conditions.

High Plains

A warm and mainly dry week dominated the region. Temperatures were warmest in eastern Montana and from western North Dakota to western Kansas, where departures were 6-8 degrees above normal. There were some pockets of very intense rains in Nebraska, North Dakota and eastern Colorado, but widespread rains were minimal. South Dakota had expansion of abnormally dry and moderate drought over much of the southern tier of the state while eastern Kansas had widespread introduction of abnormally dry conditions and moderate drought expansion. Severe and extreme drought expanded over much of western Kansas while severe drought expanded over north-central Nebraska and in the panhandle. Severe drought also expanded on the plains of eastern Colorado and extreme southeast Wyoming. There was a slight improvement in extreme drought in northeast Nebraska where some intense rains fell in the middle of the previous extreme drought area.


West

Temperatures were warmer than normal over much of Montana and into northern Nevada, southern Idaho, and eastern Wyoming with departures of 6-8 degrees above normal. Temperatures were cooler than normal by 1-2 degrees over the coastal regions of Washington and Oregon. Highly variable and scattered monsoonal moisture continues to impact the region, with some areas with above-normal precipitation for the week in Nevada, Arizona, and southern California as well as into areas of southern Colorado and Utah. Only minimal changes were made this week as the full impact of the recent precipitation is not fully known yet, but improvements are possible depending on how the rest of the monsoon season continues.


Caribbean

There was significant precipitation over the western side of Puerto Rico again this week, but unfortunately, it was in areas that are already drought free.

Short- and long-term severe and extreme drought continued across the US Virgin Islands this week. St. Thomas drought classification of severe drought continued since it had less than half an inch of rain across the island. The Cyril E King airport had only 0.26 inch of rain for the week, resulting in a month-to-date total that was 52.3% of normal and 76.2% of normal for year-to-date. SPI values at the 1, 3, 9 and 12 months were indicative of moderate to exceptional drought, while the 6-months period was indicative of abnormally dry conditions.

Similarly, St. John's drought classification of extreme drought (D3-SL) persisted since rainfall totals were also less than half an inch and SPI values at the 3, 6, 9, and 12 months were indicative of moderate to extreme drought. Month-to-date total at the Windswept Beach station was 74.5% of normal and 69.5% of normal for year-to-date.

St. Croix had the most rain at 1.15 inches for the week, resulting in a month-to-date of 151% of normal rainfall and 82.9% of normal for year-to-date. SPI values were indicative of moderate to exceptional drought at the 3, 6, 9, and 12 months. Despite the beneficial rains this week, extreme drought (D3-SL) continued since groundwater levels haven't improved, with the Adventure 28 well at its lowest level since 2016.

Pacific

Improvements were made in Alaska where recent rains helped to alleviate moderate drought as well as abnormally dry conditions across the southern portion of the state.

In Hawaii, the remnants of two tropical storm systems allowed for improvements to abnormally dry and moderate drought conditions on Maui and Molokai.

Drought free conditions persisted across Palau, Guam, and American Samoa since these locations received close to or over their weekly and monthly thresholds to meet most water needs. Most of the Federated States of Micronesia and Marshalls continued to be drought free as they had a very wet week, with the exception of Kapingamarangi and Majuro. Kapingamarangi had some much needed rain this week; however, its weekly rainfall total was less than 2 inches. According to the Drought Information Statement Issued by NWS Tiyan, Guam on July 9, vegetation was yellow and residents were conserving water. For this reason, Kapingamarangi's drought classification of long-term moderate drought was not changed. Abnormally dry conditions persisted across Majuro this week. Despite receiving over 2 inches of rain for the week, Majuro's reservoir levels were at 53.6% of the maximum of 36 million gallons as of June 15, which is less than the critical 80% threshold.

Looking Ahead

Over the next 5-7 days, it is anticipated that wet conditions will continue over the Southeast and along the Gulf Coast. Areas of the Midwest will also continue with the recent wet pattern, with the greatest rains anticipated over southern Wisconsin. Dry conditions will dominate the West and South and monsoonal moisture will continue to bring rains to the Four Corners region and into the central Plains. Temperatures during this time will be above normal for most of the country; the greatest departures of 6-9 degrees above normal will be over the West and into the Plains. Cooler-than-normal conditions will be experienced over the northern Plains, where temperatures in North Dakota are anticipated to be 6-9 degrees below normal.

The 6-10 day outlooks show that the West, South, Midwest and East Coast have the best chances to record above-normal temperatures, with the best chances over the South and Pacific Northwest. The best probability for below-normal temperatures will be over the northern Plains, southern Arizona and Alaska. The best chances of above-normal precipitation appear to be over the central to southern Plains, Southwest and Midwest, with the best chances over Kansas, Oklahoma, and Kentucky. Below-normal precipitation chances are best over the Pacific Northwest and into portions of the Southeast.




Monday, July 18, 2022

USDA Crop Progress Report - Crop Development Behind Average, but Conditions Hold Mostly Steady Week Ended July 17

OMAHA (DTN) -- U.S. corn and soybean development remained behind the five-year average last week, while conditions for both crops held mostly steady, USDA NASS reported in its weekly Crop Progress on Monday.

CORN

-- Crop development: 37% of corn was silking as of Sunday, July 18, according to NASS. That is 15 percentage points behind last year's 52% and 11 percentage points behind the five-year average of 48%. Corn in the dough stage was estimated at 6%, 1 percentage point behind both last year and the five-year average of 7%.

-- Crop condition: 64% of corn was rated in good-to-excellent condition, unchanged from the previous week. The current rating remains 1 percentage point below last year's rating at this time. "Lower crop ratings in Pennsylvania, Kansas, South Dakota and Missouri were offset by modest gains in Illinois and Minnesota," said DTN Lead Analyst Todd Hultman.

SOYBEANS

-- Crop development: 48% of soybeans were blooming, 7 percentage points behind the five-year average of 55%. Fourteen percent of soybeans were setting pods, 5 percentage points behind the five-year average of 19%.

-- Crop condition: 61% of soybeans were rated in good-to-excellent condition, down 1 percentage points from 63% the previous week but up from 50% at this time a year ago. "Lower crop ratings in North Dakota, Kansas and Indiana slightly outweighed improvements in North Carolina and Arkansas," Hultman said.

WINTER WHEAT

-- Harvest progress: 70% of the crop was harvested as of Sunday, just 1 percentage point behind last year and the five-year average of 71%. "Soft red winter wheat states Missouri, Illinois, Indiana, Ohio and Arkansas are all 95% to 100% done," said DTN Senior Analyst Dana Mantini. "Kansas is 99% harvested, while Nebraska is 60% done. Oregon, Washington and Montana are the slowest at 2%, 3% and 8% harvested, respectively."

SPRING WHEAT

-- Crop development: 68% of the crop was headed, 22 percentage points behind the five-year average of 90%. "Key states North Dakota is 63% headed versus a 91% average, Montana is 63% versus the average of 79%, and Minnesota is just 71% headed compared to the average of 99%," Mantini said.

-- Crop condition: 71% of the crop was rated in good-to-excellent condition, up 1 percentage points from 70% the previous week and well above last year's rating of 11%. "Minnesota's spring wheat crop is rated 71% good to excellent, up 2 points; North Dakota is still 80% good to excellent (down 2); Washington's crop is an amazing 97% good to excellent, and Montana is now 50% good to excellent," Mantini said.

THE WEEK AHEAD IN WEATHER

"An upper-level ridge of high pressure has spread through most of North America's primary crop areas and will continue to hold for the next several weeks," said DTN Ag Meteorologist John Baranick. "This typically produces hot and dry conditions.

"But the ridge isn't without its weaknesses. A couple of small disturbances and ripples through the ridge will produce a couple of precipitation events this week. One is currently going through the East and Southeast. That will continue in the Southeast for the next week with daily showers and thunderstorms. Another is moving along the U.S.-Canada border with heavier rain north in Canada than south in the States.

"We'll see another disturbance bring showers to northern areas late this week and weekend as well. But, overall, precipitation will be insufficient to combat the heat under the ridge, and soil moisture is expected to decline over this week and next week for most areas. The Central and Southern Plains will be especially hit hard with the heat and lack of showers in areas that have been dealing with drought since last year."





Bureau of Reclamation, Pacific Northwest Region - Storage Reservoirs in the Upper Snake River (7/18)


Average daily streamflows indicated in cubic feet per second.
Reservoir levels current as of midnight on date indicated.

Upper Snake River system is at 50 % of capacity.
(Jackson Lake,Palisades, Grassy Lake,Island Park,Ririe,American Falls,LakeWalcott)
  
Total space available:2010057 AF
Total storage capacity:4045695 AF

Graph of Total System Storage

Key to Station Codes
Minidoka Project Information
Ririe Project Information
Palisades Project Information






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