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The 2021 Wisconsin Soybean Association yield contest reached a top yield of 107 bpa, with 23 varieties at or above 100 bpa. Seed size was larger than average, which helped drought tolerance.
Strong yield potential in the northern soybean crop supports adequate supply, a mild bearish factor for soybean meal and soybean prices.
farmprogress.comHarlen PersingerMar 22, 2022After 363 past bearish weather events, SOY moved a median -0.6% over 5 sessions (42% higher; middle half -2.5% to +1.1%), and -0.2% 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.
