# Plan on 2023 being best crop ever, Minnesota scientist says looking at yields despite drought - Agweek | #1 source for agriculture news, farming, markets

> University of Minnesota variety trials showed strong 2022 corn yields, including 200 bushels per acre at Lamberton despite extreme drought in parts of the state. A university scientist said modern genetics and soil water-holding capacity helped yields hold up.

- Date: 2022-12-14 · published 2022-12-14T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/13315-plan-on-2023-being-best-crop-ever-minnesota-scientist-says-looking-at-yields
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Resilient varieties and soils support a high yield outlook for future crops, which weighs on longer-term corn and soybean prices. The effect on near-term prices is small.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-12-23 | [Corn yields topping 300 bushels during drought are testaments to genetics - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/13398-corn-yields-topping-300-bushels-during-drought-are-testaments-to-genetics.md) | -0.7% | +3.1% |
| CORN | 2021-05-12 | [May WASDE report gives first look at new crop outlook - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/47042-may-wasde-report-gives-first-look-at-new-crop-outlook-agweek-1-source-for.md) | -7.8% | -3.3% |
| CORN | 2022-03-31 | [Hog report numbers look bullish but can be deceiving, analyst says - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/42424-hog-report-numbers-look-bullish-but-can-be-deceiving-analyst-says-agweek-1.md) | +4.1% | +5.9% |
| CORN | 2017-03-19 | [Markets preparing for spring - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/10725-markets-preparing-for-spring-agweek-1-source-for-agriculture-news-farming.md) | -2.1% | -0.6% |
| CORN | 2020-05-17 | [WASDE not as bad as expected, for now - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/53062-wasde-not-as-bad-as-expected-for-now-agweek-1-source-for-agriculture-news.md) | -0.1% | +3.0% |
| SOY | 2021-05-12 | [May WASDE report gives first look at new crop outlook - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/47042-may-wasde-report-gives-first-look-at-new-crop-outlook-agweek-1-source-for.md) | -3.9% | -4.6% |
| SOY | 2017-03-19 | [Markets preparing for spring - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/10725-markets-preparing-for-spring-agweek-1-source-for-agriculture-news-farming.md) | -2.4% | -4.7% |
| SOY | 2020-06-07 | [Have the markets found a bottom? - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/9493-have-the-markets-found-a-bottom-agweek-1-source-for-agriculture-news-farming.md) | +0.4% | +3.5% |

## Sources

- agweek.com: https://www.agweek.com/news/plan-on-2023-being-best-crop-ever-minnesota-scientist-says-looking-at-yields-despite-drought

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.