
Reuters' Crop Watch producers reported stable to slightly better corn yield potential, with an 11-field average yield of 4.09 and condition of 4.2 after pop-up rains in some areas. Soybean scores were unchanged, while a storm with high winds damaged corn in Nebraska and heat hit Kansas.
Localized storm damage and Kansas heat trim yield expectations in parts of the Plains, but overall stable conditions limit upside pressure on corn prices.
After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.
After 324 past neutral weather events, Soybeans moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), and +0.7% 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.