# Climatologist to Crop Insurers: Corn Yields up, But Likely to go Down

> Verisk's climate economist told crop insurers that Midwest corn yields have risen since 1974 due to a warming trend and more precipitation. She projected that yields will likely decline by mid-century, assuming unchanged genetics, because weather variability will create more bad years. Verisk is incorporating climate change into its insurance loss models.

- Date: 2023-02-10 · published 2023-02-10T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/13300-climatologist-to-crop-insurers-corn-yields-up-but-likely-to-go-down
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The projection of rising weather volatility and more bad years supports a long-term risk premium in corn, but it is not a near-term supply shock.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-07-18 | [Is trend yield back in play for the US corn crop?](https://feedsoft.ai/events/7058-is-trend-yield-back-in-play-for-the-us-corn-crop.md) | +18.0% | -1.3% |
| CORN | 2021-07-22 | [ENSO as a climate conductor for global crop yields \| NOAA Climate.gov](https://feedsoft.ai/events/45979-enso-as-a-climate-conductor-for-global-crop-yields-noaa-climate-gov.md) | -2.8% | -2.1% |
| CORN | 2019-06-27 | [The Big Unknown in Corn Yield Forecasts \| CropWatch \| Nebraska](https://feedsoft.ai/events/58455-the-big-unknown-in-corn-yield-forecasts-cropwatch-nebraska.md) | -2.5% | -4.4% |
| CORN | 2018-04-03 | [Study: Climate effects on ag yields vary by location, crop](https://feedsoft.ai/events/65364-study-climate-effects-on-ag-yields-vary-by-location-crop.md) | +0.7% | +1.4% |
| CORN | 2022-03-29 | [Corn yield winners look to new growing season](https://feedsoft.ai/events/13375-corn-yield-winners-look-to-new-growing-season.md) | +2.7% | +4.0% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/ag-policy-blog/blog-post/2023/02/10/climatologist-crop-insurers-corn-go

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.