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Crop Watch fields in the Dakotas, Minnesota, Nebraska and Iowa received 2 to 7 inches of rain in the week ended Sunday. Minnesota recorded the largest totals, and some fields there are now flooded.
Impacts on crops have been mixed across the region.
Flooding in parts of the Upper Midwest threatens stands and yields, which could tighten corn supplies and support feed prices.
reuters.comKaren BraunJun 25, 2024After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% 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.
