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MDA Weather Services' summer forecast calls for warm temperatures across the Midwest, Delta and Plains, with the hottest and driest conditions focused on the southern Plains and Delta. Near-normal rain is expected in the northern, central and eastern Midwest, and Northern Plains spring wheat dryness should ease by late June.
Expected heat stress in the southern Plains and Delta could trim some yield potential, though forecast rainfall in the core Midwest limits the risk to overall US supply.
feedstuffs.comJun 5, 2017After 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.
