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A University of Minnesota statistical study reports that higher temperatures and heavier precipitation have raised corn and soybean yields in Minnesota, Iowa and the Dakotas. The same analysis links climate change to yield losses in Illinois, Indiana and Ohio.
The study is a long-run analysis with no immediate effect on supply, so it has little direct bearing on feed grain or meal prices.
feedandgrain.comLisa CleaverOct 1, 2020After 2,467 past weather events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.5% to +1.7%), and +0.6% over 20.
After 1,964 past weather events, Soybeans moved a median +0.1% over 5 sessions (51% higher; middle half -1.7% to +1.8%), 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.
