Minnesota farmers in the Worthington area report satisfactory corn and soybean yields this fall, though recent rains have slowed corn harvest. Extension specialists note soybean mold and seed quality issues, sprouting in some ears and pods, and stalk rot in standing corn that could cause yield losses.
Local yields look good, but wet weather is creating quality defects and harvest losses that could tighten supplies of high-quality soybeans and corn, a small factor for feed prices.
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, SOY 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.