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A recap of 2019 Corn Belt weather describes flooding, fieldwork delays and crop disease that affected growers. It notes early-year dryness in the Plains and very cold weather in late January across farms from North Dakota to Iowa.
Persistent wet conditions and planting delays cut yields and acreage, which tightened corn supplies for the 2019-20 marketing year.
agriculture.comNatalina Sents BauschJan 4, 2020After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
After 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.
