
DTN's Digital Yield Tour, conducted in August, raised corn yield forecasts by 4 to 7 bushels in Kansas, Nebraska, North Dakota and South Dakota as rains continued across the Western Corn Belt. Illinois corn estimates fell 0.75 bushel, and Illinois and Missouri soybean estimates declined while other Western states rose 1 to 4 bushels.
The model does not account for disease effects.
Higher Western Corn Belt yield estimates add to the supply outlook and lean bearish for corn, though the model excludes disease losses in the East that could limit upside. Mixed soybean revisions leave soybean price direction unclear.
After 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 324 past neutral weather events, Soybeans moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), and +0.7% 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.