Loading…
A Michigan State University study published in Scientific Reports uses big data to identify unstable yield zones within fields and quantify how climate variability affects yields. It estimates the US economy lost $536 million from yield variation on unstable Midwest farmland between 2007 and 2016.
Persistent within-field yield instability highlights climate risk to Midwest corn and soybean output, a long-run supply consideration for feed buyers, though the research itself does not move prices immediately.
eurekalert.orgFeb 27, 2020After 770 past neutral report events, CORN moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 563 past neutral report events, SOY moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% 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.
