
Farmers in Nebraska and Kansas report repeated rain delays that could push corn and soybean harvest into December. Some Kansas soybean fields were badly damaged, with yields appraised at about one bushel per acre in places, while Nebraska corn yields are better than expected.
Delayed harvest and disease-hit soybean fields in Kansas tighten the outlook for soybean meal supply, though Nebraska corn yields are holding up better than feared.
After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.
After 453 past bullish weather events, Soybean Meal moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), and +0.5% over 20.
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.
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.