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The U.S. Drought Monitor shows drought improved across much of the Midwest and Great Plains after heavy rain in northern Missouri, Iowa, Wisconsin and Michigan's Upper Peninsula. Temperatures ran 4 to 10 degrees above normal in the eastern Corn Belt, causing heat stress in Illinois, Indiana and Ohio.
Rain relief in key western areas is offset by heat stress in the eastern Corn Belt, leaving corn price impact mixed but limiting bullish pressure.
agriculture.comJul 4, 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.
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.
