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Not really relevant.
As the Suns global minimum approaches.
Growing degree days (GDDs) are used to help figure plant growth during the growing season. It’s calculated using the day’s average temperature compared to 50 degrees.
In the case of corn, roughly 2500 GDDs is generally the minimum target. Since planting happened so late, there has been less time to accumulate GDDs, which means a freeze is the looming threat.
In September we have received 142 growing degree units more than average. One farmer told me it was the million dollar heat wave. Remember in July or August when it is really dry, then we get a rain and farmers call it a million dollar rain? This was the million dollar heat wave. The corn that was planted by the middle of May is pretty well mature. However, the corn that was planted in June is about half milk line. That means it will likely not reach maturity, even without a killing frost. At this time of the season with the days getting so short and cool temperatures the corn plants just shut down.
There isn't a lot of support for that theory. Solar activity has been declining for 50 years or so but temperatures have been rising overall.
Mabey but it could also mean that the lack of sunspot activity drives the more cosmic rays which cause cloud seeding, therefore rain, lower temps.
Weird. That would seem to make the futures markets go up. Maybe you should buy now.
Poor corn means less feed which means higher meat prices and a cascading effect, which means less ethanol production.
At the close, the Dec. corn futures finished 4¢ lower at $3.84¾. March corn futures ended 3¾¢ lower at $3.97.
It does appear to be cyclical.
They are not manufactured figures, and certainly don't suggest any global warming.