Loading…
Iroquois County, Illinois, farmers reported 2020 harvest yields below their five-year averages. Corn reached 96.5% and soybeans 93% of average, with saturated spring soils and a very dry August cited as causes.
Local cash prices were about $3.89 for nearby corn and $10.85 for nearby soybeans in early November.
Yields slightly below average in a key Illinois county add a small amount of tightness to local supplies. The impact is minor against a national crop that USDA projected as a record.
farmweeknow.comMay 18, 2020After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.
After 324 past neutral weather events, Soybeans moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), and +0.7% 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.
