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The U.S. seasonal drought outlook shows drought remaining minimal across most of the Midwest through the fall. Only about 9% of corn area and 8% of soybean area were affected by drought as of July 22.
A benign drought outlook through the critical August soybean and July corn development stages reduces supply risk and weighs on prices.
syngenta.caJul 25, 2025After 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 363 past bearish weather events, Soybeans moved a median -0.6% over 5 sessions (42% higher; middle half -2.5% to +1.1%), and -0.2% 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.
