Very Dry Last Half of Growing Season Took top End Off US Corn, Soybean Yields

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.

• Sep 18, 2024Will a Very Dry End to Growing Season Impact Corn and Soybean Yields? Missy Bauer Explains on Unscripted. - AgWeb-1.2%
• Nov 30, 2020Drought Continues to Hamper Brazil's Corn, Soybean Growing Season-1.5%
• Sep 13, 2019Brazil's soybean and corn sowing seasons delayed because of very dry conditions — MercoPress+3.9%
• Jan 1, 2021The Impact of Preseason La Niña Episodes on Corn and Soybean Yields in Brazil and Argentina+5.3%
• Dec 10, 2019Brazil's Planting Season Ends Dry, U.S. Corn Harvest Ending Cold+4.3%

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.

• Sep 18, 2024Will a Very Dry End to Growing Season Impact Corn and Soybean Yields? Missy Bauer Explains on Unscripted. - AgWeb+3.6%
• Jul 26, 2021Drought could take top end off of soybean yields+1.0%
• Nov 30, 2020Drought Continues to Hamper Brazil's Corn, Soybean Growing Season-2.4%
• Sep 13, 2019Brazil's soybean and corn sowing seasons delayed because of very dry conditions — MercoPress+1.1%
• Jan 1, 2021The Impact of Preseason La Niña Episodes on Corn and Soybean Yields in Brazil and Argentina+4.6%

After 453 past bullish weather events, Soybean Meal moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), and +0.5% over 20.

• Nov 30, 2020Drought Continues to Hamper Brazil's Corn, Soybean Growing Season-2.4%
• Feb 11, 2022Corn, soybean prices spike on reports of decreased yields | Feed Strategy-1.4%
• Jan 26, 2024Drought, Disease, Pests Impacted the 2023 Soybean Growing Season - ProAg+0.7%
• Feb 27, 2024Soybean Yields Disappoint in Southern Mato Grosso do Sul-1.0%
• Feb 8, 2024El Nino waning, La Nina to develop in second half of 2024-1.9%