Precipitation

As you might expect, markets dove lower on the news, but one analyst says we’re just one more week of delayed planting away from a bullish weather market.

Rainfall forecasts are flawed. They don’t take into account factors such as evaporation making them less accurate. Meteorologists at the MU have developed a method to help accurately account for evaporation.

The shortest La Nina in almost a decade has ended, just three months after it began.

Parts of the Texas Panhandle, Kansas and Nebraska could get some rain as early as this weekend. Other parts of the Midwest might have some moisture relief as well by early next week.