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Kansas State University released its 2023 Kansas Crop Performance Tests for sorghum, soybeans, corn and sunflowers. The report found drought and water management remained underlying problems in eastern and central Kansas, while southwest Kansas had excess rain and flooding.
The results are a retrospective on 2023 yields and offer limited new supply information, so the price impact on sorghum and feed grains is small.
extension.k-state.eduPat MelgaresFeb 22, 2024Not enough comparable past events yet for a historical read.
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.
