
San Antonio is on pace for one of its hottest Junes on record, tied with 2011 for fifth hottest with three days left. Temperatures reached 100 degrees or more on several days, and the heat has pushed electricity use to near-record levels.
Heat stress in Texas and the Southern Plains can reduce cattle weight gains and pasture growth, modestly supporting feed demand and cattle prices.
After 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 80 past bullish weather events, Live Cattle moved a median +0.1% over 5 sessions (54% higher; middle half -0.8% to +1.3%), 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.