
USDA's 22nd Crop Progress report shows corn in good to excellent condition fell another 2 percentage points as of August 25. Corn dough and dent stages were near or ahead of average, with 84% at dough and 46% at dent across 18 top states.
Declining crop condition signals reduced yield potential, which supports corn prices and feed costs for buyers.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% 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.