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DTN and The Progressive Farmer announced a digital yield tour, powered by Gro Intelligence, covering corn and soybean expectations in 10 Midwest states starting August 15. The tour uses satellite imagery, temperature maps, rainfall data and crop condition surveys.
This is an information release about a yield-estimation tool with no new supply change, so it has limited direct price impact.
dtnpf.comGreg D. HorstmeierAug 14, 2018After 3,207 past report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.3% to +1.7%), and +0.5% over 20.
After 2,389 past report events, Soybeans moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.9%), and +0.1% 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.
