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A Texas Farm Bureau article quotes USDA meteorologist Brad Rippey saying the equatorial Pacific has returned to ENSO-neutral after a weak, short La Niña. Forecasts point to neutral conditions for the rest of 2025, which would typically bring less extreme weather to the US summer.
Neutral conditions reduce the likelihood of major Texas or US Plains weather disruptions, which is a mild bearish factor for feed grain prices.
texasagriculture.texasfarmbureau.orgJun 6, 2025After 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.
Not enough comparable past events yet for a historical read.
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.
