
Pro Farmer's day-three route reports from Iowa found an average corn yield of 207 bu/acre and soybean pod counts 15% above last year. Southern rust was present, along with light tar spot and northern leaf blight.
Sudden death syndrome was found in 25% of sampled soybean fields.
Strong field samples point to a large corn crop and add to the bearish supply outlook. Sudden death in soybeans is a yield risk that could limit upside in soy.
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.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% 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.