NEWS
Fundamentally Speaking
Mon Jun 17, 2013 12:15 PM CDT

There continues to be a lot of handwringing about the heavy spring rains especially in the Upper Midwest and the impact on corn and soybean planted acreage and yields.

Both have been or expected to be revised lower in subsequent government reports.

This may or may not be so but there is no denying the dramatic improvement in sub-soil moisture supplies from the beginning of the year to the end of May as depicted by the Palmer Drought Severity Index (PDSI).

This graphic shows the January and May PDSI readings along with the net change ...

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