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Farm Progress reviewed the 2021 U.S. corn season, which produced a good crop despite uneven weather including wet spring spells, cool early May and drought in some areas. Seed genetics director Dave Nanda credited better genetics, planter technology, GMO traits and fungicides for holding yields up.
Strong yields despite weather stress point to a sizeable U.S. corn supply, which is supportive of lower feed-grain prices for buyers.
farmprogress.comTom J Bechman 1 Editor, Indiana Prairie FarmerDec 7, 2021After 357 past bearish weather events, CORN moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.3%), and -0.5% 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.
