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Wet spring planting followed by dry conditions during grain fill reduced corn yields in southern Minnesota and northern Iowa. Wet soils delayed planting, encouraged soilborne diseases, shallowed root growth and caused nitrogen loss.
Yield losses in these key corn-belt areas tighten supplies and support corn prices, though the effect is regional rather than national.
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.
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.