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Kansas State's Agronomy eUpdate reports that October 15-16 freezing temperatures dropped well below 30°F across most of Kansas. Most Kansas corn was already mature, so the expected impact is limited, though test weight and grain quality may suffer.
Limited freeze damage to mature Kansas corn means little change to national supply, so the effect on prices is small.
eupdate.agronomy.ksu.eduOct 16, 2018After 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.
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.
