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DTN analysis says US feed grain supplies have tightened because corn, barley and sorghum yields are below trend and acreage is lower than expected. Sorghum yield at 53.2 bpa is 27.4% below its 20-year trend, the second-worst deviation on record.
Combined shortfalls across corn, barley and sorghum reduce US feed grain availability, supporting feed prices and substitution demand.
dtnpf.comJoel KarlinAug 17, 2022After 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.
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.
