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Farm Progress reports that Illinois corn yields are rising about 2 bushels per year, and that Answer Plot yields are higher than before. The article argues that farmers must prepare soils for heavier rainfall and retain water during droughts as weather patterns change.
The story is about management practices and long-run yield trends rather than a new supply event, so it has little immediate effect on feed prices.
farmprogress.comHolly SpanglerMar 23, 2018After 2,467 past weather events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.5% to +1.7%), and +0.6% over 20.
After 1,964 past weather events, Soybeans moved a median +0.1% over 5 sessions (51% higher; middle half -1.7% to +1.8%), and +0.3% 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.
