This post discusses a new quantification: direct calculation of the corn and soybean yield impacts from the 12Z GFS weather model forecast.
In this post, we discuss the importance of calculations showing the magnitude of weather variables such as precipitation and growing degree days that have occurred or is being forecast to occur.
The daily corn and soybean futures markets can be impacted by the changes in the weather forecast from one day to the next. Why? Because market participants react to changes in the weather forecast and what those changes imply for corn and soybean yields. But most people are guessing what the impact of the weather[…]
Prescient Weather, the creator of CropProphet, also offers a long-range forecast and analysis tool called the World Climate Service. Our company focuses on developing market-leading, scientifically-based climate information services. CropProphet is an excellent example of a climate information application because annual crop yields are dependent on weather conditions over an entire crop season. In other[…]