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A study published in the Climate, Disaster and Development Journal uses the AquaCrop model to project sugarcane yields in Negros Occidental, Philippines. It estimates yields could rise 5% to 30% by 2050 due to wetter summers, with irrigation and earlier planting adding further gains.
The findings concern a regional sugarcane crop with no direct link to feed grain or oilseed supply or prices, so the market impact is minimal.
omlopezcenter.orgPublished by
omlwordpressDec 6, 2019After 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, SOY moved a median +0.1% over 5 sessions (51% higher; middle half -1.7% to +1.8%), and +0.3% over 20.
After 1,773 past weather events, WHEAT moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +2.1%), and +0.2% over 20.
After 361 past weather events, PALMOIL moved a median +0.0% over 5 sessions (51% higher; middle half -1.3% to +1.3%), and -0.2% 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.
