Loading…
Extreme weather in the West and Plains brought a heat dome 20 to 25 degrees above normal and fueled the Morrill Fire, which burned over 800,000 acres in Nebraska. Heavy precipitation in the Pacific Northwest and a late-season blizzard in the upper Midwest eased drought in parts of the Midwest.
Drought expansion across the Plains supports wheat and feed grain prices, while Midwest moisture gains limit upside risk to corn and soybeans.
hpj.comDave BergmeierMar 26, 2026After 322 past bullish weather events, KWHEAT moved a median -0.1% over 5 sessions (49% higher; middle half -2.5% to +3.2%), and +1.0% over 20.
After 445 past neutral weather events, CORN moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
