
DTN meteorologist John Baranick says corn harvest is still a few points behind schedule while soybean harvest and winter wheat planting have caught up to normal pace. A larger storm system forecast for the coming week is expected to bring widespread moderate-to-heavy rain and further delays to remaining fieldwork.
Harvest delays in the US could slow corn and soybean deliveries to market and modestly support nearby prices, though the effect is typically small if the storm is brief and harvest is largely complete.
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.
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.
After 224 past neutral weather events, WHEAT moved a median -0.1% over 5 sessions (46% higher; middle half -1.4% to +1.5%), and +0.4% 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.