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Corn and Soybeans Head for Weekly Losses as US Weather Stays Wet
Corn and Soybeans Head for Weekly Losses as US Weather Stays Wet

Yahoo

time4 days ago

  • Business
  • Yahoo

Corn and Soybeans Head for Weekly Losses as US Weather Stays Wet

(Bloomberg) -- Crop futures were on track for a weekly decline as weather outlooks called for more rain in the US Midwest, boosting yield prospects at a time when investors were already bearish. Trump Awards $1.26 Billion Contract to Build Biggest Immigrant Detention Center in US The High Costs of Trump's 'Big Beautiful' New Car Loan Deduction Can This Bridge Ease the Troubled US-Canadian Relationship? Salt Lake City Turns Winter Olympic Bid Into Statewide Bond Boom Trump Administration Sues NYC Over Sanctuary City Policy A slow-moving cold front in the region Friday helped to bring cooler temperatures, according to the US Department of Agriculture's daily outlook. 'Heavy showers and thunderstorms along the front are maintaining favorable moisture supplies for corn and soybeans in the central Corn Belt,' the agency said. Heat earlier this week was linked to 'corn sweat,' when plants release moisture in the atmosphere that contribute to humidity. Over half the crop is throwing threads of silk as part of the yield-determining pollination process, while corn's national ratings of 74% 'good or excellent' are the best for this time of year since 2016. The favorable weather is keeping some investors on the sidelines, with light trading volumes on the Chicago exchange. 'Limited volume tells us that the market is comfortable with the current situation,' said StoneX risk management consultant Matt Campbell, adding that supplies are adequate and there's no need to change prices. Still, some buyers were taking advantage — the USDA reported daily export sales of both corn and soybeans to Mexico. In other markets, MIAX spring wheat futures were little changed one day after an annual crop tour found yield potential below USDA's estimate in North Dakota, the biggest grower. Burning Man Is Burning Through Cash Confessions of a Laptop Farmer: How an American Helped North Korea's Wild Remote Worker Scheme It's Not Just Tokyo and Kyoto: Tourists Descend on Rural Japan Elon Musk's Empire Is Creaking Under the Strain of Elon Musk A Rebel Army Is Building a Rare-Earth Empire on China's Border ©2025 Bloomberg L.P. Sign in to access your portfolio

Corn and Soybeans Head for Weekly Losses as US Weather Stays Wet
Corn and Soybeans Head for Weekly Losses as US Weather Stays Wet

Bloomberg

time4 days ago

  • Climate
  • Bloomberg

Corn and Soybeans Head for Weekly Losses as US Weather Stays Wet

Crop futures were on track for a weekly decline as weather outlooks called for more rain in the US Midwest, boosting yield prospects at a time when investors were already bearish. A slow-moving cold front in the region Friday helped to bring cooler temperatures, according to the US Department of Agriculture's daily outlook. 'Heavy showers and thunderstorms along the front are maintaining favorable moisture supplies for corn and soybeans in the central Corn Belt,' the agency said.

Exact date record-breaking 35C heat to hit Scotland as Saharan Scorcher on the way
Exact date record-breaking 35C heat to hit Scotland as Saharan Scorcher on the way

Scottish Sun

time30-06-2025

  • Climate
  • Scottish Sun

Exact date record-breaking 35C heat to hit Scotland as Saharan Scorcher on the way

Weather experts said a new record temperature for Scotland is possible SUMMER SIZZLER Exact date record-breaking 35C heat to hit Scotland as Saharan Scorcher on the way RECORD highs of up to 35C in Scotland are on the cards in weeks amid 'Saharan scorches' - after 27C flirted with the Borders today. As southern England saw 34C, weathermen said sweltering temperatures are on their way to Scotland. 2 Sweltering temperatures are on their way to Scotland Credit: Andrew Barr 2 Experts say new record temperatures are possible Credit: Andrew Barr Summer peaks later in July and into August, when highs in Scotland could beat the 34.8C temperature record north of the border set in 2022. The Weather Outlook said Scotland has its greatest ever chance of breaking the 34.8C mark, as hot air from north Africa blows in. STV weather presenter Sean Batty said a new record temperature for Scotland over 34.8C is possible. The Met Office forecast more roasts ahead. The Met Office long-range outlook said: "There is an increased likelihood of heatwaves." Bookmakers Coral slashed odds on record 35C temperatures in Scotland from 5/2 to 1/2 odds-on. Coral spokesman John Hill said: "With even hotter heatwaves on the way, we're expecting a record 35C in Scotland this summer." The Weather Outlook forecaster Brian Gaze said: 'There is the highest ever chance of exceeding the 34.8C Scotland record in coming weeks. "31C to 33C highs are expected in Scotland, and the probability of breaking the 34.8C record is greater than ever this year as we tap into heat from southern Europe and north Africa at times. 'There is exceptional summer heat already in the UK and on the continent, plus background climate warming, dry ground and record above-average sea temperatures.' Scots flock to park & beaches to bask in sizzling temperatures Scotland has already seen highs around 29C this year. STV weather presenter Sean Batty said: "Pushing 30C in June was impressive. And if we get another burst or two of heat – which seems very likely – a new record temperature isn't out of the question." Scotland's hottest temperature ever recorded is the 34.8C on July 19, 2022, at Charterhall, Borders

Exact date Scotland to be blasted by 24C heat as miserable June set to be transformed by Saharan sizzler
Exact date Scotland to be blasted by 24C heat as miserable June set to be transformed by Saharan sizzler

Scottish Sun

time09-06-2025

  • Climate
  • Scottish Sun

Exact date Scotland to be blasted by 24C heat as miserable June set to be transformed by Saharan sizzler

Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) SCOTLAND is set to bask in glorious sunshine once again after having a soggy start to summer. Most of the country has experienced a miserable start to June with rain, grey skies and even some high winds over the last week. 4 Scots will be flocking to beaches this week as temperatures rise Credit: Alamy Live News 4 Highs of 24C are expected to blast the country by the weekend Credit: Mark Ferguson 4 The hot weather is rescuing the soggy start to summer Credit: Mark Ferguson 4 Weather maps have revealed the exact date the temperature will rise Credit: WXCHARTS And Scots have been itching for more sunshine after experiencing the warmest and sunniest spring on record in the UK. Luckily, weather maps have revealed that hotter temperatures are on the way to rescue the wet, damp summer. The week will start with rain and grim highs of 14C today after a gloomy weekend. But this is expected to start to change on Tuesday with brighter skies and sunny spells bringing warmer temperatures of 19C. This will continue on Wednesday and Thursday before high temperatures reaching the mid-20s arrive at the end of the week. Highs of around 24C are expected to blast the nation by 3pm on Friday - just in time for the weekend. 24C is expected in Scotland, with warm weather continuing into the weekend. And it looks to stay warm beyond then Brian GazE This will make Scotland as hot as Casablanca, Morocco, as showers ease and brighter spells arrive. It comes as a 14-day 800-mile-wide 'continental swelter' hits the UK, with skies clearing for a sunny run through next week. Hot air is blowing to Scotland from sizzling 40C heat in southern France and Spain. And the Met Office has predicted that the heat will remain until around June 25. Everyone can see the sun in this hot weather scene - but you're a genius if you can spot 5 differences in under 10 seconds Weather maps show that the south of Scotland will see highs of 22C and 23C by Friday afternoon. While temperatures around the central belt will be slightly lower, hovering around 20C and 21C. The east coast will enjoy more of the heat, with Aberdeen, Dundee, Fife and Edinburgh all expected to experience highs of 23C. The west, however, will be notably chillier with highs of 16C in Stranrar, 19C in Ayrshire and 16 across the Western Isles. Those in the Highlands are set to have highs of 21C and 22C, dropping to 17C in areas further north around Wick. The Weather Outlook forecaster Brian Gaze said: '24C is expected in Scotland, with warm weather continuing into the weekend. "And it looks to stay warm beyond then.' A Met Office forecaster added: 'After a changeable mix of sunshine and showers, temperatures look set to rise. 'It will be widely warm or very warm, although with thunderstorms likely. 'The weekend becomes drier, before possibly brief rain, then high pressure sees the following week mainly dry and warm or very warm. UK 5 day weather forecast Today: After a bright start, skies will turn increasingly cloudy through the day. Rain will spread in from the west, moving across Northern Ireland, Scotland and parts of northern England and Wales. Staying dry and warm in the south. Tonight: Outbreaks of rain will continue in the north at first, but will gradually clear to the east in the early hours. Dry and cloudy in the south and increasingly windy. Tuesday: Cloudy for most at first on Tuesday, but skies will gradually brighten across northern areas. Cloudier in the south with drizzly showers, but also feeling humid, warm and breezy. Outlook for Wednesday to Friday: Turning increasingly warm and humid, and feeling hot in the south. Plenty of dry and fine weather, but thundery showers will likely move northwards during Thursday and later on Friday. 'And the period from June 22 also begins with plenty of warm weather.' The Met Office's long-range weather forecast for the end of the month warns that the start of July could see more rain after a warm, dry spell. It states: "High pressure looks like being largely dominant at first, maintaining plenty of mainly dry and warm weather, but with variable cloud amounts. "However, although details are uncertain, late June and early July looks like becoming more changeable. "Spells of rain or showers are probable at times, some of which could be heavy and thundery. "Temperatures are likely to be a little above average overall, with brief hot spells possible."

Scots to see piping 25C temperatures in 'Spanish scorcher' heading for the UK
Scots to see piping 25C temperatures in 'Spanish scorcher' heading for the UK

Daily Record

time02-06-2025

  • Climate
  • Daily Record

Scots to see piping 25C temperatures in 'Spanish scorcher' heading for the UK

Scots are expecting more searing temperatures in mid-June, after this current showery spell. Scots enjoyed this year's first 'mini-heatwave', which lasted throughout most of May, as we saw the sunniest spring on record. And while we're currently seeing our fair share of rain, temperatures in the UK are set to soar in a 'Spanish scorcher' that's on its way, with the mercury in Scotland to reach a piping 25C. It comes as hot air blows over to the UK from sunny Spain, which has hit a searing 40C in early summer temperatures across the Iberian peninsula. And as this 'Spanish scorcher' makes its way over, the current showery spell is set to come to a welcome end. ‌ According to advanced weather maps on WX Charts, Thursday, June 12 is set to kick off the scorcher, with Scottish temperatures set to soar to a piping 25C in northern parts of the country, rivalling the current hottest temperature of the year so far. ‌ Auchincruvie, in South Ayrshire, and Tyndrum, in Stirlingshire, both recorded temperatures of 25.5C on Tuesday, May 13, but it's yet to be seen whether the piping weather expected on June 12 will break this current record. The mercury is forecast to range between a reasonable 19C and a searing 24C in the central belt on this day, while the Western Isles can expect cooler temperatures of around 14C. As usual, the south of England is set to see even hotter temperatures over the coming scorcher that are expected to reach a whopping 30C. The Weather Outlook forecaster Brian Gaze said: 'Summer is starting, so bring on the rain. But temperatures are forecast to rise in the second week of June, with computer models showing Spain's exceptional heat making a beeline for the UK. ‌ 'The likelihood is growing of temperatures around 30C or just above in mid-June, as hot air from the continent pushes towards Britain.' BBC Weather said: 'After changeable conditions, there's a possible warmer spell next week. And further into June should be mostly settled and warm, with largely summery and dry conditions." And these hot temperatures are expected to be recurring throughout summer, as the Met Office has predicted it to be a 'hotter than usual' season. ‌ The Met Office's three-month outlook suggests that the likelihood of a hot summer is higher than usual, bringing an increased risk of heatwaves. The forecast indicates that it is 2.3 times more likely than normal for the UK to experience a hot meteorological summer, which started yesterday, June 1, and ends on August 31. ‌ However, the national forecaster does admit that it can be difficult to predict the weather for the whole season so far in advance. The Met Office said: "It's not possible to predict the exact weather for an entirety of meteorological summer, and it's also not possible to predict the exact temperatures summer weather may reach. "When talking over such long periods, weather models are run hundreds of times to give an indication of the likely scenarios and give probabilities of different dominant conditions. "While long range outlooks, used primarily by contingency planners, suggest an above-average chance of warmer-than-average conditions, this is not an indication of an imminent record-breaking summer, as the cooler, or more average conditions remain possible." In terms of sunshine, we've already seen more than we had for the entirety of last summer, and if the Met Office's long range forecast for the next three months is accurate, Scots are set to see plenty more beach days, barbecues and picnics over the coming weeks and months. Join the Daily Record WhatsApp community!

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