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US Crop Watch producers reported that late-October rains slowed corn and soybean harvests in most areas. An Ohio field produced record corn yields despite a dry finish to the season.
USDA reported 66% of corn harvested as of October 24, ahead of the five-year average.
Strong yields reinforce expectations of ample US corn supply, though harvest delays slightly slow near-term movement.
brecorder.comReutersNov 2, 2021After 357 past bearish weather events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.3%), and -0.5% 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.
