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| Warmest winter on record. Lack of precipitation.
But what does this mean?
In February it doesn’t mean anything.
But if this trend continues, it could be a major wild card for the bulls.
Attached is the temperature and precip ranks for February this year and how March, April, and May looked for 2012.
NOT saying this will be 2012. Just pointing out we already have a lack of soil moisture and the possibilities if this trend continues.
The outlook for this spring and summer is dry, as La Nina is supposed happen.
This warm and dry weather is going to very likely bring early planting.
When early planting happens, we usually do not get a planting scare. Instead, planting will be going along well and they will probably try to push this market lower into spring. Just like they did last year and in 2012.
Then if this hot and dry pattern continues, they will realize “oh planting is going good because it's dry” and brings the chance for a drought scare come June
 (IMG_1422 (full).PNG)
 (IMG_1420 (full).PNG)
 (IMG_1421 (full).PNG)
 (IMG_1419 (full).PNG)
 (IMG_1418 (full).PNG)
 (IMG_1417 (full).PNG)
Attachments
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 IMG_1422 (full).PNG (110KB - 159 downloads)
IMG_1420 (full).PNG (113KB - 156 downloads)
IMG_1421 (full).PNG (104KB - 159 downloads)
IMG_1419 (full).PNG (102KB - 145 downloads)
IMG_1418 (full).PNG (78KB - 148 downloads)
IMG_1417 (full).PNG (122KB - 152 downloads)
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Does this heat and dryness matter?
