Hot and dry conditions increasing drought concerns in the Corn Belt

After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.

• Jun 27, 2022Hot and Dry Weather Tees Up a Tense July in the US Corn Belt+1.8%
• Apr 13, 2021Drought in Plains a Concern for U.S. Corn and Soy Crops+1.5%
• Mar 5, 2021USA: drought conditions persist in many top corn growing states+5.1%
• Apr 25, 2024Weather patterns are shifting in Iowa and the Corn Belt+0.7%
• Jun 15, 2023Drought Concerns Grow as 57% of Corn, 51% of Soybeans in the U.S. Now Considered to Be in Drought - AgWeb+4.8%

After 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.

• Apr 13, 2021Drought in Plains a Concern for U.S. Corn and Soy Crops+4.9%
• Apr 25, 2024Weather patterns are shifting in Iowa and the Corn Belt-0.9%
• Jun 15, 2023Drought Concerns Grow as 57% of Corn, 51% of Soybeans in the U.S. Now Considered to Be in Drought - AgWeb+8.1%
• May 29, 2023Corn, Soybeans and Wheat in the Grips of Drought - AgWeb+1.0%
• Jun 21, 2021Hot, dry weather stresses crops in heart of the Corn Belt and Northern Plains - Pro Farmer-4.7%