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July 15, 2022
By Ryan McGeeneyU of A System Division of Agriculture
LITTLE ROCK — It took just hours for a derecho to wreak crop and property damage in
at least four Midwestern states, but it may be weeks before its impacts on the corn
and soybean markets are known.
On July 5, a derecho or straight-line wind storm swept Iowa, Nebraska, Minnesota and
South Dakota, with winds exceeding 90 miles per hour. According to the National Weather
Service, a derecho is a windstorm that extends for at least 240 miles, with winds
of at least 58 miles per hour.
Scott Stiles, extension economist for the Division of Agriculture, said while several
of the states affected by the derecho are key soybean and corn producers, representing
millions of acres of each crop, the effects on markets have yet to be felt. According
to a June 30 USDA Grain Stocks report, U.S. corn stocks are up 6 percent from 2021
and soybean stocks are up 26 percent, so yield impacts will likely be delayed.
Globally, grain futures markets have been volatile during June and July, rising and
plunging on a nearly daily basis, on par with broader market volatility. On Tuesday,
November soybean futures jumped to nearly $13.99 a bushel, December corn deliveries
jumped to more than $6.25 a bushel and September wheat deliveries jumped more than
56 cents to about $8.93 a bushel. Wednesday, all three commodities lost about half
those gains. Thursday, things rose again.
The July derecho followed on the heels of a June 13 derecho that has been classified
by the National Weather Service as a billion-dollar event for the damage it caused from Wisconsin to Ohio.
Jason Kelley, extension wheat and feed grains agronomist for the University of Arkansas
System Division of Agriculture, said that while a storm of this nature is never good,
the July derecho may have come early enough to avoid doing the maximum possible damage
to corn and other crops, especially compared to a similar storm that caused more than
$7.5 billion in crop damage in 2020.
“My impression is that this storm was not as bad,” Kelley said. “I heard someone say
that this year the storm was a couple weeks earlier and the corn didn’t have the weight
of developed ears and that may have reduced the over crop lodging this year compared
to what was seen previously.
“The dry weather across Arkansas and several other states may be a bigger issue,”
According to a July 11 Crop Progress and Condition report from the U.S. Department
of Agriculture, soil moisture across much of Arkansas remained in the 20-30 percent
range, with isolated areas seeing still dryer conditions.
Most of Arkansas has been dealing with steadily rising temperatures, both in terms
of daytime highs and overnight lows. Although the state’s central counties enjoyed
a brief storm burst Tuesday night, very dry weather conditions will largely persist.
As of Wednesday, the Arkansas Forestry Commission had issued burn bans for 51 of Arkansas’
75 counties, with most of the counties outside the ban in the state’s southeastern
To learn about extension programs in Arkansas, contact your local Cooperative Extension
Service agent or visit www.uaex.uada.edu. Follow us on Twitter and Instagram at @AR_Extension. To learn more about Division
of Agriculture research, visit the Arkansas Agricultural Experiment Station website: https://aaes.uada.edu/. Follow on Twitter at @ArkAgResearch. To learn more about the Division of Agriculture,
visit https://uada.edu/. Follow us on Twitter at @AgInArk.
About the Division of Agriculture
The University of Arkansas System Division of Agriculture’s mission is to strengthen
agriculture, communities, and families by connecting trusted research to the adoption
of best practices. Through the Agricultural Experiment Station and the Cooperative
Extension Service, the Division of Agriculture conducts research and extension work
within the nation’s historic land grant education system.
The Division of Agriculture is one of 20 entities within the University of Arkansas
System. It has offices in all 75 counties in Arkansas and faculty on five system campuses.
The University of Arkansas System Division of Agriculture offers all its Extension
and Research programs to all eligible persons without regard to race, color, sex,
gender identity, sexual orientation, national origin, religion, age, disability, marital
or veteran status, genetic information, or any other legally protected status, and
is an Affirmative Action/Equal Opportunity Employer.
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Media Contact: Ryan McGeeney email@example.com @Ryan_McG44 501-671-2120