Loading…
Recent flooding has removed drought from much of Florida, but moderate to severe drought persists in parts of North and South Florida. Severe drought continues in southwest Alabama and northeast Georgia, affecting moisture for crops and livestock.
Localized Southeast drought may trim cotton and sorghum yields in pockets, but the affected area is small relative to national supply, so the price effect is limited.
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.