Weather Still Moves Markets—Just Not the Way It Used To | Presented by CME Group

One question we've been hearing a lot is what impact do weather events have on markets and on the economy. Well, traditionally the biggest impact was always in the agricultural sector. Back in the 1970s and 1980s, if there were droughts or floods in the United States, it could create a tremendous volatility in the prices of crops like corn, wheat, and soybeans.However, it seems as though weather effects on these kinds of crops have been substantially mitigated in recent years because of the growing diversif ...