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USDA Midwest Climate Hub director Dennis Todey outlined recent climate changes affecting agriculture at a Wisconsin organic farming conference. He said extreme events are increasing and the Corn Belt's growing zones are changing.
The discussion covers general climate trends and their risks to crops, without a specific supply shock that would move feed grain prices in the near term.
business-standard.comBusiness StandardFeb 15, 2017
feedstrategy.comAndrea GantzFeb 26, 2017After 334 past bearish weather events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.9% to +1.7%), and -0.2% 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.
After 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.
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.
