
Beck's agronomists review the 2018 Minnesota growing season, which had a late snowy spring, delayed planting by up to two weeks, heavy July rain and flash flooding, and late-summer rain that interfered with harvest. They describe resulting problems such as poor stand uniformity and herbicide damage in wet soils.
Stand losses and harvest disruption from a wet season can reduce yields and crop quality in affected areas. The article looks back at 2018 and offers limited new price information.
After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.
After 324 past neutral weather events, Soybeans moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), and +0.7% 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.