Loading…
Drought across the Northern Plains, particularly the Dakotas, is hitting sorghum and other crops this year. The article argues that revenue protection crop insurance helps producers guard against a price rally followed by crop loss.
Dakota drought reduces sorghum supply and could support prices, though the article is mainly about marketing and insurance strategy.
farmprogress.comAug 4, 2017Not enough comparable past events yet for a historical read.
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.
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.
