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2023 brought a big change to the main climate driver, as La Nina conditions in the Pacific Ocean abruptly changed to a very strong El Nino. 2024 will bring a similar but opposite transition as El Nino quickly fades and La Nina is expected to return this summer.
Fall 2023 Corn Outlook: Corn markets have traded flat this fall. Could fertilizer, exports could move the price needle?
Updated Price for Soybean Meal (CBOT: ZMU18). Charting, Price Performance, News & Related Contracts.
Updated Price for Soybean (CBOT: ZSU22). Charting, Price Performance, News & Related Contracts.
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Following an incredibly dry June, early July saw the return of much-needed rainfall for parts of the corn-growing region. However, drought remains, and several key states still need moisture.