A McLean County, Illinois, farmer reported good soybean yields, despite cool, damp conditions slowing early seedling growth. Corn yields were affected by excessive June rain, hot weather during July pollination, and strong winds in August.
Weather-related corn yield losses could modestly reduce local supply and support corn prices, while good soybean yields point to comparatively ample local supply. The account is a county-level report rather than evidence of a larger market-wide crop shortfall.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
After 363 past bearish weather events, Soybeans moved a median -0.6% over 5 sessions (42% higher; middle half -2.5% to +1.1%), and -0.2% 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.