Iowa soybean agronomists report that most soybeans in central Iowa have been harvested, while wet areas and rain-delayed corn harvest remain. Recent rainfall paused some anhydrous ammonia applications, and advisers recommend waiting until soil temperatures reach 50°F and are falling before applying it; they expect the strong El Niño to delay soil freeze-up.
Rain and delayed fieldwork can slow harvest and shift nitrogen application timing, but the article gives no specific change to crop supply or commodity 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, Soybeans 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.