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Kansas harvest is starting, with drought-stressed corn in south-central and east-central areas suffering losses while later-planted fields and most soybeans look good to excellent. A BASF representative urges farmers to record variety performance and weed control issues for 2019 planning.
Mixed Kansas yields add modest support to hard red winter related feed demand, but the overall effect on feed prices is small.
farmprogress.comWalt Davis 1Sep 24, 2018After 29 past neutral weather events, Wheat (HRW) moved a median +0.6% over 5 sessions (52% higher; middle half -1.9% to +2.3%), and -0.7% over 20.
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.
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.
