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Winfield United agronomists report that wet fields have slowed harvest across the Midwest in late October. Disease pressure, tar spot in Indiana, and lodging from high winds are cited, and yield impacts are still uncertain.
Harvest delays and possible yield losses from disease and lodging could support corn and soybean prices if they reduce production.
farmprogress.comKristy Foster Seachrist, Winfield United agronomistsOct 26, 2018After 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.
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.
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.
