The past few weeks have seen weather that was much warmer than normal across the Corn Belt and northern Plains, with rainfall amounts also less than normal.
The drought that started in the northwest Corn Belt and HRS wheat country expanded last week, depleting soil moisture and cutting crop ratings.
2017 is shaping up to be an interesting year, this analyst says.
Will 2017 go down as a very cool year? What impact will that have on final yields? There is still plenty of time to impact the market by the summer weather.
It's actually a planting season that thus far looks about average, hence the reluctance of the market to move much.
For the first week in over a year, winter wheat yield models from Progressive Ag declined significantly this past week.
As planting progress plods along, we also are dealing with the issue of how much damage occurred to the Kansas crop from the snowstorm the last weekend in April.
It was a big day on Monday for grains, as the heavy snow in northwest Kansas over the weekend likely damaged boot stage or later wheat by mashing it down to the ground.
Winter wheat is well ahead of normal progress in percent headed, and with winter wheat vulnerable to freeze damage, a blast of cold weather is forecast in the coming week as far south as Texas.
Surprisingly, planting progress has fallen behind normal this spring in spite of some relatively warm temperatures and forecasts for the next two weeks aren't stellar.