University of Illinois researchers argue that crop drought measures should weight atmospheric dryness (vapor-pressure deficit) as well as soil moisture. They say plants close their stomata in dry air even when soil moisture is adequate, which cuts photosynthesis and yield.
This is a research finding about how drought is measured and has no immediate effect on supply or prices. It may shape how future yield risk is modeled.
After 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.