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The Illinois State Climatologist reports February 2020 was slightly warmer and wetter than average statewide, ending a very warm winter. Average temperature was 31.2 degrees, 0.30 degrees above normal, and precipitation was 2.13 inches, 0.07 inches above normal.
Near-normal February conditions in Illinois are unlikely to move grain prices on their own, though a warm, wet pattern could matter for spring planting.
stateclimatologist.isws.illinois.eduTrent FordMar 2, 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.
