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University of Nebraska simulations using the Hybrid-Maize model across 40 Corn Belt locations forecast near to below-average corn yields for the region. The forecasts reflect this season's weather, including heat and dryness.
The article is the final part of a series on Corn Belt crop stages and yield forecasts.
Below-average yield forecasts point to a smaller corn crop and tighter supply, which supports corn prices.
cropwatch.unl.eduSep 14, 2023After 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.
