Hedge Plus Retail Program
The retail program at Hedge Plus provides farmers with competent and reliable brokerage services at very competitive rates. Our goal is to assist producers in using commodities as a tool for hedging. We strive to effectively provide our clients with confidence and informal second opinions they can grow to depend on.
WE’RE AT THE TAIL END OF SOUTH AMERICA’S WEATHER MARKET
Weekly Market Briefs
By Jason Gehler
January 25th, 2023 Edition
Areas of Argentina finally got hit with their first meaningful rains since November, but the country has a very big moisture deficit hole to climb out of. The top half of the graph below shows precipitation totals and indicates that this particular area just got about 2 ½ inches of rain. Notice, however, that the blue lines that represent precipitation events are sparse. The bottom half of the graph shows rain totals compared to normal so the big mustard colored gap indicates quite a deficit.
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