
NOAA's U.S. winter outlook for December 2026 through February 2027 projects warmer-than-average conditions across the northern US and wetter conditions in the south and along the Eastern Seaboard. The article also notes a record-weak Atlantic hurricane season and that this El Niño may be the strongest on record.
Wetter southern US winter weather and improved drought conditions could ease stress on US winter crops and pastures. The direct price impact on feed commodities is limited at this stage.
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.
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 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.
After 361 past weather events, Palm Oil moved a median +0.0% over 5 sessions (51% higher; middle half -1.3% to +1.3%), and -0.2% 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.