Monday, March 29, 2010

Rainfall Deficit

Well now, yesterday was the first day since Halloween that the mercury got to 80 degrees.

We are also about three inches below normal on rainfall for 2010.

Corn is certainly having a bit of a time getting up to a stand, the sub-surface moisture is still adequate, some spots are even boggy, there is cotton still being picked from last year's crop, and to say that the situation is a bit odd is an understatement.

I heard a climatologist last week explain this as a part of the El Nino cooling in the Pacific.

On another note cotton prices seem to be poised to rise if there is no major world economic failure. This from a cotton market expert who said stocks are low and the only thing that can cause a problem is the general economy having a major downturn.

I would say this could make for a very interesting peanut market at the end of 2010.

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