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A USDA Economic Research Service report traces the development, adoption and management of drought-tolerant corn in the U.S., from conventional breeding in 2011 to genetically engineered hybrids from 2012. It notes that most drought-tolerant corn planted in 2016 carried one or more GE traits and that crop insurance and disaster payments do not fully offset drought losses.
Wider adoption of drought-tolerant hybrids can lessen weather-driven yield losses over time and support more stable corn supply. The report is a background study with no immediate price impact.
farmpolicynews.illinois.eduKeith GoodJan 31, 2019After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), 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.
