◂ Event Timeline

Aug 14, 2019WEATHERUS

DTN 2019 Digital Yield Tour- IA, MN, WI

DTN's digital yield tour, using Gro Intelligence satellite-based maps, projects Iowa corn at 187 bushels per acre, down 9 from last year and below USDA's August estimate. Soybean yields in Iowa, Minnesota and Wisconsin are also forecast to slip below last year's levels.

WHY IT MATTERS

Yield estimates below last year and below USDA's August figures point to smaller northern Corn Belt output, which supports corn and soybean prices.

AFFECTSCorn▲Soybeans▲

SOURCE
dtnpf.comAug 14, 2019

Price reaction & history

Corn▲bullishSO FAR1d -1.2%5d -1.2%20d -4.0%

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.

Sep 1, 20222022 Digital Yield Tour: Variable Weather Reduces Yield Prospects-1.8%
Jan 31, 2019Brazil’s wacky 2018-19 weather to pare yields-0.5%
May 6, 2019Daily Market Wire 6 May 2019 - Grain Central-3.2%
May 21, 2019Daily Market Wire 21 May 2019 - Grain Central+2.4%
Oct 14, 2019Feedback From The Field - Oct. 14, 2019-0.5%

Soybeans▲bullishSO FAR1d -1.3%5d -1.9%20d -2.1%

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

Sep 1, 20222022 Digital Yield Tour: Variable Weather Reduces Yield Prospects-2.5%
Jan 31, 2019Brazil’s wacky 2018-19 weather to pare yields+0.1%
Aug 29, 2023Is there a corn or bean yield story post-US crop tour?-3.3%
May 21, 2019Daily Market Wire 21 May 2019 - Grain Central+2.9%
May 30, 2019U.S. planting delays could hurt yields, quality | 2019-05-30 | World Grain-0.3%

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.

Corn CORN · GP ▸

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Soybeans SOY · GP ▸

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