Spring forecast: Robust jobs growth, risk of floods

By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group

Flood Risk Foreshadows Spring Planting

• Farmers on high alert for flood risk ahead of spring planting.
• Severe flooding in the Midwest delayed seeding in 2019.
• Levees on Mississippi, Missouri rivers are not fully restored.
• If current benign weather continues, expect bumper harvest.