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A Purdue study finds crop models underestimate maize yield losses from heat stress when compared with observed satellite, survey and field data for Indiana, Illinois and Iowa, which together account for 40% of US maize output. The authors argue current adaptation practices may need revision.
The study points to greater long-run heat-related yield risk for corn, a modest supportive factor for corn prices and feed costs.
eaps.purdue.eduMay 14, 2019After 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.
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.
