Loading…
Missouri experienced its second consecutive year of widespread drought in 2023, with conditions ranging from abnormally dry to exceptional drought across the state. The April to November growing season was the state's seventh driest since 1895, and 2023 was the third warmest year on record.
Regional drought losses in Missouri are a localized supply factor that has limited effect on national prices.
mosoy.orgJan 31, 2024After 2,467 past weather events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.5% to +1.7%), and +0.6% over 20.
After 1,964 past weather events, Soybeans moved a median +0.1% over 5 sessions (51% higher; middle half -1.7% to +1.8%), and +0.3% 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.
