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Farm Rescue is launching Operation Hay Lift to deliver donated hay to Nebraska ranchers after widespread flooding. Nebraska farm and ranch losses could reach $1 billion.
Analysts say ethanol plants are partly offline or damaged, and grain storage losses and Mississippi River shipping disruption are unknown.
Flooding that disrupts ethanol output and grain storage tightens local feed supply and can lift corn prices. Barge shipping delays on the Mississippi add to logistics costs.
aginfo.netApr 3, 2019After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
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.
