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A North Dakota farmer reported a season of heavy June rain followed by very dry conditions by mid-August, but harvest proceeded without weather delays and yields were generally near average. Strong winds damaged later-seeded canola, reducing yields by as much as 1,000 pounds per acre on some varieties.
Wind losses may tighten local canola supply, but the reported impact is limited to some fields and does not indicate a broader crop shortfall.
Not enough comparable past events yet for a historical read.
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.