
Pioneer agronomist Garrett Kennedy says late-season heat, including 14 consecutive days above 95 degrees, reduced grain fill in north central Kansas, where he covers 14 counties. He expects yields below last year's top end but reports exceptionally high pod and node counts and better-than-expected early harvest results.
Heat-reduced soybean yields in Kansas are a small regional supply factor. The effect on national soybean prices is limited.
After 363 past bearish weather events, Soybeans moved a median -0.6% over 5 sessions (42% higher; middle half -2.5% to +1.1%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.