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A recent heat wave across the Northern and Central Plains left soil moisture extremely below normal across the Dakotas, Nebraska, Minnesota, western Iowa and Wisconsin. Crop conditions declined by a couple of percentage points, and rainfall has been below normal for at least 60 days in some areas.
Dry soils in the Corn Belt raise the risk of yield losses for corn and soybeans, which supports feed grain and soybean meal prices if dryness persists into the next crop cycle.
csny50.comChrissy HomenickOct 31, 2026After 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.
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.
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.
