Dry Conditions on Day Two of RRFN Crop Tour

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.

• Jul 31, 2022It’s a Late Crop | Red River Farm Network+3.1%
• Jul 27, 2020A Few Dry Pockets Being Watched in U.S. Crop Production | Red River Farm Network-1.6%
• Dec 16, 2021Cordonnier: A Split Decision | Red River Farm Network-2.7%
• May 31, 2019The Start of a Corn Market Rally | Red River Farm Network-2.5%
• May 9, 2024El Nino and La Nina | Red River Farm Network+2.7%

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.

• Jul 31, 2022It’s a Late Crop | Red River Farm Network-1.4%
• Jan 26, 2022Growing Concerns About the South American Crop | Red River Farm Network+8.6%
• May 9, 2024El Nino and La Nina | Red River Farm Network+0.1%
• Jun 22, 2023Dry Weather and Crop Conditions in Illinois - farmdoc-4.2%
• Mar 13, 2022Argentina Tries to Hold Onto Soybean Supplies | Red River Farm Network-1.3%