
Illinois counties ranked among the nation's best for corn and soybean output in 2020 according to USDA NASS county estimates. Iroquois County ranked second for corn and third for soybeans, and Illinois produced 2.13 billion bushels of corn, up 15% from 2019 despite weather setbacks.
Strong 2020 yields in Illinois add to large existing supply, a mildly bearish backdrop for corn and soybean prices, though the article is retrospective and carries little new price information.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% 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.