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Iowa State's climatological outlook for late winter and early growing season 2022 describes a classic La Niña signature across the US, with February temperature and precipitation probabilities mostly near-average for Iowa. Shorter-term outlooks pointed to warmer temperatures and a persisting dry signal in mid-February, and Iowa faced snowfall deficits.
A dry, warm pattern over the Corn Belt raises the chance of stress for the coming crop, a modest supportive factor for corn and soybean prices and for feed costs. The outlook is mostly equal-chance for Iowa, so the price impact is limited.
crops.extension.iastate.eduContent Author: Justin Glisan, Dennis TodeyFeb 4, 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.
After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% 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.
