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Illinois extension reports from late May describe recent rains easing early drought in northern Illinois, with corn emerging to about V4 and soybeans still emerging. The crop looks healthy, though growth was slowed by the earlier dry conditions.
Adequate moisture and healthy early stands reduce near-term yield risk in a key corn state, which is mildly bearish for corn prices.
farmdoc.illinois.eduIllinois ExtensionMay 30, 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.
After 324 past neutral weather events, Soybeans moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), 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.
