Illinois Extension reports severely wet soils in LaSalle County after multiple storms, with large areas of standing water a near total loss and some corn leveled by wind. An EF-3 tornado damaged areas near Streator, and more rain is forecast.
Grundy County reports moderately wet conditions.
Flood and wind losses in a key Illinois corn and soybean area reduce yield prospects and support feed grain prices if damage spreads.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% 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.