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Planting in parts of the Midwest has been delayed by persistent rains and cool, wet conditions, with some Illinois farmers still planting soybeans in mid-May. Other Illinois areas experienced dust from dry conditions.
Farm Progress reports crop progress across the Midwest and Mid-Atlantic as of May 18.
Late planting raises modest concern about yield potential, though the effect is limited so far and is largely already in market expectations.
farmprogress.comHolly SpanglerMay 18, 2026After 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.
