Loading…
A Great Lakes Bioenergy Research Center summary of the Nature Communications study reports that projected summer temperature and rainfall trends imply stable Midwest corn yields to 2050 without added irrigation. The work links rising minimum temperatures and falling maximum temperatures to lower water stress.
Stable projected yields without major irrigation expansion reduce long-term supply-shock concerns for corn, a modestly bearish factor for the price outlook.
glbrc.orgJill SakaiMar 2, 2021After 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.
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.
