
A NASA Science image of the day, dated December 14, 2020, shows drought across about half of the continental United States. About a third of the country faced extreme or exceptional drought by early December, with conditions spreading into the Great Plains and Texas.
NASA describes the event as part of a multi-decade pattern of drought in the West.
Drought spreading into the Plains raises concern about yields for US corn and sorghum next season. The market has already priced in much of the dryness, so the effect is gradual rather than immediate.
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.