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home / news releases / COM - What La NiñA Could Mean For The Corn Belt


COM - What La NiñA Could Mean For The Corn Belt

2024-07-03 07:40:00 ET

Summary

  • The Corn Belt could have a fairly benign weather outlook if long-range forecasts hold.
  • Weekly crop data from the U.S. Department of Agriculture’s National Agricultural Statistics Service says 84% of the corn crop was in good-to-excellent condition as of mid-June.
  • Woznicki’s outlook calls for the Western Corn Belt to have a better chance to see heat and dryness in the later part of the summer, while the Eastern Corn Belt could be better than areas west of the Mississippi.

By Debbie Carlson

At A Glance

  • Following a strong El Niño, La Niña, with its warmer, drier effects on the Corn Belt, hasn’t returned yet
  • Impacts of a wet winter and spring have been mostly offset by warmer temperatures

For further details see:

What La NiñA Could Mean For The Corn Belt
Stock Information

Company Name: Direxion Auspice Broad Commodity Strategy
Stock Symbol: COM
Market: NYSE

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