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Arkansas corn tied its fourth-highest state average yield at a projected 181 bushels per acre for 2018, down from 183 in 2017. Grain sorghum yields were within the normal average range.
A solid Arkansas yield is a minor regional factor and does not materially change US corn or sorghum supply, so price impact is limited.
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.
Not enough comparable past events yet for a historical read.
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.