Corn futures hit three-year high after rains prolong planting delays

After 1,465 past bullish weather events, CORN moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.

• Jan 29, 2025U.S. grains: Corn futures hit over one-year high on Argentine weather worries - AgCanada+1.0%
• Jun 3, 2019Delayed corn planting hits feeder cattle-1.9%
• May 15, 2019Corn At Seven Week High On US Planting Delays | Checkout+5.5%
• Apr 26, 2021Corn futures jump to a 7-year high on supply concerns+13.6%
• Apr 25, 2022Corn, soybean planting in Illinois delayed by cold temperatures and rain+0.4%

After 1,079 past bullish weather events, SOY moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.

• May 15, 2019Corn At Seven Week High On US Planting Delays | Checkout+0.5%
• Apr 26, 2021Corn futures jump to a 7-year high on supply concerns+2.0%
• Apr 25, 2022Corn, soybean planting in Illinois delayed by cold temperatures and rain-0.5%
• Apr 24, 2017WEEKLY GRAIN MOVEMENT: Corn planting hits high gear before rain; soy b-0.6%
• Jan 21, 2025Bulls take control of CBOT soybeans while funds' corn long nears three-year high+1.1%

After 1,072 past bullish weather events, WHEAT moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.

• Jan 29, 2025U.S. grains: Corn futures hit over one-year high on Argentine weather worries - AgCanada+0.6%
• May 15, 2019Corn At Seven Week High On US Planting Delays | Checkout+11.2%
• Apr 26, 2021Corn futures jump to a 7-year high on supply concerns+3.3%
• Aug 4, 2018Futures file: Wheat rises to a three-year high, gold falls – Greeley Tribune+2.9%
• Dec 11, 2024Harvest resumes after rain delays across the state | The Land | NSW-0.4%