
Soggy country roads in Illinois have limited grain trucks reaching elevators, and farmers are slow to sell corn and soybeans even with recent rallies. Dealers say new-crop soybean cash bids would need to rise 10 to 12 cents to spur sales.
Slow farmer selling and limited truck deliveries tighten near-term cash supply of corn and soybeans, supporting local cash basis and futures somewhat.
After 285 past bullish logistics events, CORN moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% over 20.
After 206 past bullish logistics events, SOY moved a median +0.5% over 5 sessions (56% higher; middle half -1.3% to +2.6%), and +1.4% 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.