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Drought expanded across much of the Illinois and Corn Belt region through February despite very cold temperatures, with most Corn Belt rainfall under an inch. The analyst suggests a dry start could lift US corn plantings to 93–95+ million acres, which is bearish for corn.
Lower 2024/25 carryout of 1.54 billion bushels means dry subsoils could make summer moisture more critical.
Higher corn acreage would weigh on corn prices, while a dry summer on tighter carryout would support them, making the price outlook two-sided for feed buyers.
agventurewsc.comKristen WehmeyerFeb 27, 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 1,079 past bullish weather events, Soybeans 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.
