Assessing the U.S. Climate in June 2024

After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.

• May 1, 2020U.S. ethanol exports fell for the first time in four years in 2019 - U.S. Energy Information Administration (EIA)+1.3%
• May 14, 2021In 2020, U.S. exports of fuel ethanol fell for the second consecutive year - U.S. Energy Information Administration (EIA)-3.9%
• May 1, 2024May 1, 2024: Class III Prices Increasing | Center for Dairy Excellence+2.6%
• Dec 25, 2019Cattle on Feed Report Reveals 2% More Cattle on Feed than 2018 - AG INFORMATION NETWORK OF THE WEST+0.6%
• Mar 31, 2020Opportunity for Increased U.S. Sorghum Acres Beyond 2020 Prospective Plantings Projections - National Sorghum Producers-2.6%

After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.

• Mar 27, 2025Initial Estimates for the 2025 U.S. Growing Season+2.8%
• Jan 29, 2024Assessing tropical deforestation in Germany's agricultural commodity supply chains | SEI-1.7%
• Nov 8, 2018IBGE: harvest estimate for next year is 0.2% smaller than in 2018 | News Agency+0.3%
• Feb 28, 2024The Amazon region in 2022 and 2023: deforestation, forest degradation and the risk of growing soy production - Joint Research Centre+0.8%
• Nov 14, 20251380. Trends in Export Restrictions on Major Crops | Japan International Research Center for Agricultural Sciences | JIRCAS-0.8%