
Farm Progress reports that the latest weather maps show most of the Midwest doing well, though a drought map shows new dry areas developing over the past week. Corn and soybeans are planted and now depend on weather.
The article is a general weather update.
Mostly favorable conditions with scattered drought add little directional pressure, so the effect on feed grain prices is minimal.
After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.
After 324 past neutral weather events, Soybeans moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), and +0.7% 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.