
Dry conditions persist in parts of Iowa, Nebraska, Kansas and Oklahoma despite winter precipitation that eased drought in Missouri, Wisconsin and Illinois. Experts say the rain and timing this spring will determine whether planting and the growing season recover.
Persistent drought across Plains and western Corn Belt areas raises the risk of lower feed grain and forage output. Pasture losses could also tighten cattle supplies.
After 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.
Not enough comparable past events yet for a historical read.
After 80 past bullish weather events, Live Cattle moved a median +0.1% over 5 sessions (54% higher; middle half -0.8% to +1.3%), and +0.7% 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.