Forecast
When average daily humidity levels reach and stay at 75% or above, that’s a signal your crop could be at high risk from the disease.
Recent severe weather has swept across the country, with hailstorms damaging the Nebraska crop and Hurricane Beryl making a significant impact on North America. Yet, the grain markets seem unfazed by the possible crop damage across the Midwest.
There have been 469 tornadoes, 3,475 severe wind events and 1,640 severe hail events reported in the U.S. during the month of May. Meterologists say to expect more as the country transitions to a La Niña.
One of the biggest benefits from waiting to plant corn until conditions are ideal, is the crop emerges more uniformly and forms those picket-fence stands that deliver huge yields, says Agronomist Missy Bauer.
El Nino is starting to break down which is good news for grain producers but potentially bad news for cattle producers, especially feedlot operations.
Fields in central Brazil are baking in high temperatures and low levels of moisture. One meterologist says farmers there are now questioning whether they will plant their second corn crop, the so-called safrinha crop.
The shift to El Nino brings several changes to the upcoming winter.
Analysts think the recent hot and dry weather could have a detrimental effect on the potential production picture in the U.S., but even with issues, the price story is different for corn than it is for soybeans.
A heat dome will consume the Plains and Mississippi Valley into the South this week with “oppressive and dangerous conditions” expected at least through midweek, the National Weather Service reported early Monday.
From growing tensions between Ukraine and Russia to forecasts for hot and dry weather across the Midwest, grain prices have been on a volatile run. Analysts think the volatility could heat up again next week.