Loading…
The Fence Post reports the Climate Prediction Center's May 15 summer outlook calls for drought persistence across eastern Colorado, Wyoming, Nebraska and parts of Kansas. A stable ridge of high pressure may bring a drier-than-normal summer to the northern Plains and possibly the western Corn Belt.
Drought risk in the western Corn Belt and Plains threatens corn, sorghum and wheat yields, supporting feed grain prices if the dry pattern develops.
thefencepost.comAmy G. HadachekMay 23, 2025After 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 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% 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.
