
A farmer in Pulaski County, Illinois, reported that heavy July rain damaged the crop, while late-season disease and dry weather reduced soybean yields. Corn yields on his farm were very good and soybean yields slightly above average, though county soybean results varied.
The mixed local results point to no clear shift in aggregate supply: strong corn yields may weigh on local corn prices, while variable soybean outcomes offer limited directional guidance.
After 357 past bearish weather events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.3%), and -0.5% 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.