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An MIT Technology Review feature describes USDA research at Iowa State on how corn varieties perform under temperatures projected for 2100, roughly 4 °C warmer on average. The article argues that Corn Belt yields could be at risk without crop changes or heat-tolerant genetics.
Long-term yield risk in the Corn Belt is a structural consideration for feed grain supply, but it has no near-term effect on prices. Markets are unlikely to react to this research.
technologyreview.comAdam PioreApr 24, 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, 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.
