Commodity weather group forecasts wet summer will boost corn, soybean yields.
A weak El Niño pattern will develop in the Pacific, meaning there’s the likelihood of a wetter summer in the Midwest, Commodity Weather Group, the Bethesda, Maryland-based forecaster, said in a seasonal report Tuesday.
The wetter-than-normal weather likely will have a negative effect on planting but a positive impact on crops that get planted due to ample moisture, the forecaster said. The El Niño pattern will mean warmer waters near the Baja Peninsula and relatively cooler waters in the Pacific Northwest.
“The central (and) southwest Midwest is at most risk for slower-than-average corn (and) soy seeding, but rains aid moisture for the heart of the Corn Belt heading into summer,” CWG said in the report. “Summer temperature outlook trended warmer in the eastern U.S., but mostly unchanged in the Corn Belt, keeping the threat for notable Midwest-focused heat low this season.” Read more