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Widespread rain in the eastern Corn Belt, especially Illinois and Indiana, significantly improved drought ratings. Localized areas received about 2 inches of rain.
Drought persisted in the western Corn Belt and Plains, and corn acres in drought fell 5 points to 46%.
Timely moisture before planting reduces drought risk to the crop, which eases upward pressure on corn and soybean prices.
profarmer.comSpencer LangfordMar 12, 2026After 357 past bearish weather events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.3%), and -0.5% over 20.
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.
