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Corn and soybean areas have had little drought so far, with only 5% of corn and 9% of soybean acres in drought. Other crops are in worse shape, with about half of barley and rice acres in double-digit drought.
Cooler temperatures are forecast for the Midwest in late August.
Favorable conditions for corn and soybeans keep their supply outlook ample. Drought in rice and barley areas could tighten those specific markets.
agweb.comRhonda BrooksAug 25, 2025After 445 past neutral weather events, CORN moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.
After 324 past neutral weather events, SOY moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), and +0.7% over 20.
After 179 past bullish weather events, RICE moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.5%), and +2.2% over 20.
Not enough comparable past events yet for a historical read.
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.
