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Northwestern Wisconsin farmers report widely varied yields after a wet planting season followed by under half an inch of rain over five weeks. Non-irrigated fields on lighter soils face sharply lower soybean yields, while early-planted heavier ground performs well, and some corn failed.
Localized Wisconsin losses are small relative to national supply, so the price effect is limited, though they add to the picture of uneven yields.
brownfieldagnews.comLarry LeeSep 25, 2018After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% 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.
