Loading…
A Breeder's Journal column reports that 2018 corn yields were near-record in some areas despite a hot season, because heat timing relative to pollination mattered more than total heat. Observed nitrogen and sulfur deficiencies and excess rain at the wrong time were also noted.
Strong yields in key areas point to ample corn supply, which is bearish for corn and feed grain costs for buyers.
farmprogress.comDave NandaOct 24, 2018After 357 past bearish weather events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.3%), and -0.5% 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.
