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Illinois researchers reported that sun-induced chlorophyll fluorescence can detect heat stress in soybean leaves before visible damage appears. The signal is linked to lower yields and could be monitored by satellite.
This is a research advance in crop monitoring with no direct supply effect yet, so it has little immediate price impact on soybeans.
las.illinois.eduLois Yoksoulian, Illinois News BureauMay 28, 2021After 2,467 past weather events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.5% to +1.7%), and +0.6% over 20.
After 1,964 past weather events, Soybeans moved a median +0.1% over 5 sessions (51% higher; middle half -1.7% to +1.8%), and +0.3% 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.
