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The Iowa Soybean Research Center republished an article asking whether farmers are losing yield to high heat across the Midwest. The item links to the original analysis and gives no yield figures.
Concerns about heat losses in soybeans add modest upside risk to soybean prices.
iowasoybeancenter.iastate.eduJul 29, 2023After 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.
