"We will have enough seed, but not necessarily the right varieties": drought, a time bomb for seed companies

After 1,773 past weather events, Wheat (SRW) moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +2.1%), and +0.2% over 20.

• Apr 24, 2026El Nino impact: Which stocks will burn & which will fire up as market braces for heat wave - The Economic Times+0.2%
• Jul 20, 2017Exceptional Drought Returns to Montana and North Dakota for First Time in More Than a Decade | The Weather Channel-2.7%
• Apr 29, 2025The end of La Niña: Lessons about Plains wheat drought & why spring weather is bearish for most grain markets - The Globe and Mail+2.1%
• Mar 26, 2026Iran war lifts wheat, but will the rally hold through harvest?+0.1%
• May 5, 2026Drought, frost provide lift for U.S. hard red wheat price | The Western Producer+1.8%

Not enough comparable past events yet for a historical read.