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A forecast of heavy rain followed by heat threatens soybeans in parts of the Midwest this week. University of Minnesota agronomist Seth Naeve warned of ponding and said that hot conditions after saturated soils would stress plants more than cool ones.
He recommended replanting drowned-out spots with a shorter maturity group.
Waterlogging and heat stress during the soybean growth stage could trim yields, which supports soybean prices if the weather verifies.
brownfieldagnews.comMark DorenkampJun 29, 2020After 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.
