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Researchers at nine universities and USDA celebrated the completion of a six-year, $5 million program called Useful to Usable (U2U) that developed climate data products for farmers. The team learned how farmers use climate data and built tools to help decide what, when and where to plant and how to manage crops.
Better climate-to-farm decision tools may modestly improve planting and yield management over time, but the effect on near-term feed grain prices is negligible.
purdue.eduPurdue News ServiceMar 7, 2017After 3,207 past report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.3% to +1.7%), and +0.5% over 20.
After 2,389 past report events, Soybeans moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.9%), and +0.1% 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.
