Climate models did not point to a repeat of the hot, dry 2022 summer for the western Corn Belt in 2023. Forecasters expected a more normal summer with plenty of thunderstorm complexes across the Midwest.
Some dry risk was flagged for parts of Kansas, Nebraska and Missouri where snowpack was lacking.
A normal weather outlook reduces the risk premium in corn futures, though localized dryness in the western belt could still affect spring planting.
Setelah 357 peristiwa cuaca bearish sebelumnya, Jagung bergerak median -0,3% selama 5 sesi (44% lebih tinggi; separuh tengah -2,2% sampai +1,3%), dan -0,5% 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.