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U.S. corn crop ratings are at 74% good-to-excellent, a strong starting point for the season. Yields often disappoint late-summer expectations when August nights are too warm or August is dry.
Strong early crop ratings limit upside, but August weather risk remains a source of potential price volatility for corn.
After 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.
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.