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The University of Illinois released its 2023 corn and soybean variety trial results, covering about 190 corn hybrids and 150 soybean varieties. Corn yields were better than expected despite drought, with Monmouth averaging 298 bushels per acre and DeKalb 267.
The trial data is a seed selection guide for farmers and has little direct effect on grain prices.
agrinews-pubs.comTom DoranDec 15, 2023After 3,207 past report events, CORN moved a median +0.2% over 5 sessions (54% higher; middle half -1.3% to +1.7%), and +0.5% over 20.
After 2,389 past report events, SOY moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.9%), 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.
