
A northwest Missouri farmer reported a hot, dry spell with temperatures in the mid-90s for five days and only 3.5 inches of rain since bean planting. Corn leaves are rolling and early soybeans are nearing full canopy, with irrigation already running in the area.
Heat and moisture stress in key corn and soybean areas adds modest weather premium to prices if it persists. The effect is local and may ease if rain arrives.
After 1,465 past bullish weather events, CORN moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
After 1,079 past bullish weather events, SOY moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% 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.