DAILY NEWSLETTER OF ESSENTIAL

Thursday, November 17, 2011

MARKET WEATHER INFORMATION

Morning forecast

QT Weather
weather at a glance
KS drought to expand Dec-Feb Next storm misses mark Extreme-Excep. drought 36% of KS

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QT Weather brings you a comprehensive stream of market-relevant domestic and international weather information every day from expert meteorologist Allen Motew. Using radar analysis, USDA data, global satellite and remote sensing coverage, QT offers an extensive package of essential weather information.

Kansas Drought
The good news is-Kansas drought diminished 1% last week, top-soil moisture and the winter wheat crop is off to an O.K. start, at 46% G/E, and another southern storm is on the way. The bad news is that the two year drought will expand this winter according to the CPC, now at 36% exceptional to extreme, and the next storm misses Kansas. Blame it all on La Nina.

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Next weeks storm will leave heavy rain from OK to VA but miss KS. Only, 0.010.10 is expected in W KS while a meager 0.25 inches hits SE KS.

Todays weather maps

About Allen Motew

Allen Motew has been an expert weather analyst for more than 35 years. With a Seal of Approval for Broadcasters from the American Meteorological Society, Allen specializes in global weather prediction, synoptic scale and mesonet analysis, and severe weather events. He is trained in forecasting hurricanes, tropical cyclones and international weather events for government and private industry interests from around the globe. A Chicago native, Allen broadcasts his local, domestic and international commodity weather forecasts from the Chicago Board of Trade.

30 Day Percent of Normal Precipitation for KansasOver the past 30 days, all areas of Kansas saw some rain. Near normal to above precipitation (mainly C and E) has given an O.K. start to the winter crops. Kansas is the nations highest producing winter wheat state, at 24% of the national total. Surrounding Seward and Haskell counties in the SW, precipitation continued far below normal as exceptional drought lingers there.

24% of U.S. winter wheat is grown in Kansas.

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QT In formation Systems
Chicago Board of Trade 141 W. Jackson Blvd., Suite 1255 800.240.8761 ph 312-896-2050 fax www.qtweather.com www.qtinfo.com

Pasture condition across Kansas has shown multi-year deterioration, dropping from 80% G/E in June 2010 to 15% this week.

Todays weather maps

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The Kansas winter wheat condition is worse than the 5 year average, mainly worse than anytime in the past 5 years for October and November. The crop is going into the winter with a handicap being only 46% G/E and 12% P/VP. In comparison, Nebraska to the north, where drought does not exist, is at 77% G/E better than last years 65%. Due to the rains in the past 30 days, topsoil moisture has increased though to 59% adequate to surplus versus 55% last year at the same time. Subsoil moisture is at 36% adequate or surplus versus 51% last year. Overall, as of earlier this week, 94% of the winter wheat had emerged versus 88% last year.

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Topsoil moisture has recently improved across Kansas, now 59% adequate to surplus.

Kansas drought acreage diminished 1% last week, from 77% moderate or greater to 76%. The SW shows exceptional drought, covering 19 of 105 counties.

Weather
QT In formation Systems
Chicago Board of Trade 141 W. Jackson Blvd., Suite 1255 800.240.8761 ph 312-896-2050 fax www.qtweather.com www.qtinfo.com

The U.S Seasonal Drought Outlook valid through Feb 29, 2012 expands the drought across S KS and southward. Greatest expansion is seen in Arizona, Mississippi, North Carolina and Florida.

ALLEN MOTEW