
The DTN Digital Yield Tour found Iowa corn averaging 199 bu/acre and Wisconsin corn at 178.5 bu/acre, while drought has trimmed top-end yields in Minnesota. Gro's models show strong soybean yields in Iowa and Wisconsin.
Strong yields in the core Corn Belt states point to ample supply, which tempers the drought-driven rally in feed grains. Weakness in Minnesota yields limits how much the surplus offsets the national shortfall.
After 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.
After 363 past bearish weather events, Soybeans 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.