
Missouri farmer Patrick Seyer reports an above-average corn harvest, with yields over 200 bushels per acre on his 1,400 acres near Oran. He said a hot spell in August shortened the plants' fill period somewhat, but moisture conditions were ideal all summer.
A better-than-expected yield in a Missouri region adds modestly to the US corn supply picture, though a single farm report carries little weight for prices. Higher fertilizer costs are squeezing grower margins, which may affect planting decisions next season.
Not enough comparable past events yet for a historical read.
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.