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A University of Georgia extension article notes NOAA's Climate Prediction Center sees about a 70 percent chance of El Niño by winter. It points to a University of Florida guide on expected impacts for farmers in the Southeast, including northwest Florida, southern Alabama and Georgia.
Southeast US crop and livestock producers may face drier conditions, which could affect local feed grain availability. The effect on national feed prices is modest.
site.extension.uga.eduOct 6, 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.
