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A MinnStar Bank farm management analyst outlined how 2023 drought cut yields 20-30% below APH in parts of the Upper Midwest and Missouri and Kansas. Farm profitability varied with marketing positions and crop insurance coverage.
Regional yield losses are a supply factor, but the piece is mainly about farm income rather than a new market driver.
star-herald.comDec 6, 2023Not enough comparable past events yet for a historical read.
Not 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.
