Loading…
Kansas State's 2022 crop performance trials for corn, sorghum, soybeans and sunflowers were hurt by drought across most of the state. Hail destroyed nearly all sunflower trials, and the western half of Kansas was hardest hit.
Garden City recorded its driest growing season in about 130 years.
Drought losses in Kansas show regional yield shortfalls for sorghum and corn, which supports local basis and feed grain prices, though the effect on national supply is limited.
morningagclips.comNaomi LaRoseFeb 26, 2023Not enough comparable past events yet for a historical read.
After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.
After 324 past neutral weather events, Soybeans moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), 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.
