
A climatologist with the National Drought Mitigation Center says parts of the Midwest from Ohio to eastern Iowa and northeast Missouri show potential for drought development over the next three months. Upper Midwest farmers have dealt with devastating rains while other areas are abnormally dry.
Several corn and soybean states are in better shape than last year.
Potential drought development in the eastern Corn Belt is a risk worth monitoring, but current conditions in many states are better than last year, so the price impact is limited for now.
Setelah 445 peristiwa cuaca netral sebelumnya, Jagung bergerak median +0,1% selama 5 sesi (52% lebih tinggi; separuh tengah -1,4% sampai +1,6%), dan +0,7% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.