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Weather Outlook
2015 & Beyond
Elwynn Taylor
Iowa State University
Corn/Soybean Market
 Market @9am 4 Jun 2015
ELEC. CORN[10] Jul-15 360'4 -0'4
Dec-15 378'4 -0'4
expect Dec @ $ 385'
ELEC. SOYBEANS[10] Jul-15 942'4 -1'2
Nov-15 921'0 -1'0
expect Nov @ $ 825'
 SOI 3 Jun 2015 = -9.2 (-10 is full strength El 鰻庄単看)
High risk Moderate High
Beyond
El 鰻庄単看
Friend of the Midwest farmer.
Better friend of the Argentine farmer (El Nino
tends to be a Christmas event that may or may
not persist through the Midwest growing
season).
Strong
La Ni単a
Moderate
El 鰻庄単看
Summer Temperature 2010
 This is OPPOSITE of past 3 years
La Ni単a : Extremes
El 鰻庄単看: 70% chance of yield
greater than the trend.
La Ni単a: 70% chance of yield
smaller than the trend.
Neutral: 52% chance of yield
greater than the trend.
(Oct to date)
Extensive Flooding in Northeast IA
October 2009
October 2010
to 2012
.
El 鰻庄単看
To
La Ni単a
Return to El 鰻庄単看
159 $4.85
162.3
178
19581
146
170 $3.85 *
165 $4.15
Example Yield-Price Risk Wheel
* Central. IA $3.35
US Corn Wisner
Weather Outlook - 2015
41 $10.70
45
50
5923
40
46 $8.25 *
44 $8.50
Example Yield-Price Risk Wheel
* Central. IA $7.70
US Soybean Wisner
Weather Volatility
Climate RISK in Agriculture is
likely to be greater during the
next 20 years
Management of RISK is of
increasing importance
http://www.cpc.ncep.noaa.gov/products/precip/CWlink/pna/season.JFM.nao.gif
stable period 2 stable period 3 stable period 4
137
Beyond
A Little on the USA:
Continental Divide Anomaly
 Boundary is the Continental
Divide, do NOT expect change
Elwynn Taylor
Iowa State University
Climatologist
END
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Weather Outlook - 2015

Editor's Notes

  • #5: http://www.ospo.noaa.gov/data/sst/anomaly/anomnight.current.gif https://www.longpaddock.qld.gov.au/seasonalclimateoutlook/southernoscillationindex/30daysoivalues/
  • #8: http://www.nass.usda.gov/Charts_and_Maps/Field_Crops/cornyld.asp
  • #15: http://www.nass.usda.gov/Charts_and_Maps/Field_Crops/soyyld.asp