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DTN reports the 2022 national average soybean yield was 49.5 bushels per acre, with Illinois counties dominating the top of the ranking. The worst yields were in drought-hit Kansas, Oklahoma and Texas.
Concentrated losses in the Southern Plains were offset by strong Illinois yields, so the net effect on soybean supply is limited.
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.