Loading…

University of Illinois variety trials at eight Illinois sites produced good corn yields despite a dry summer and minimal disease or insect pressure. Soybean yields were more variable, and some hybrids lodged at certain locations.
Strong corn trial yields suggest the state's crop performed well, which is a mildly bearish signal for corn prices. Soybean variability gives little price signal.
After 1,102 past bearish report events, CORN moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% 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.