
Much of the Midwest and Great Plains was in moderate to severe drought in early March 2024, with extreme drought in northeast Iowa. Dry conditions along the upper Mississippi from Minnesota to Missouri were raising concerns for the coming planting season, and warm weather was increasing soil moisture loss.
Dryness across the corn belt raises the risk of a poor crop, which supports corn prices. Low river levels on the upper Mississippi could also push up barge freight costs.
Setelah 1.465 peristiwa cuaca bullish sebelumnya, Jagung bergerak median +0,2% selama 5 sesi (54% lebih tinggi; separuh tengah -1,4% sampai +1,9%), dan +0,9% selama 20 sesi.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
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.