
Iowa experienced one of its warmest Septembers on record, with a statewide average weekly temperature of 79.8°F. Corn was 77% good to excellent but only 17% mature, slightly behind schedule.
Soybeans were rated 75% good to excellent but lagged last year's pace, with 6% dropping leaves.
Heat-delayed maturity pushes harvest timing back and raises weather-related yield risk in a key Corn Belt state. Good crop ratings limit the price impact, so the effect on corn and soybean prices is modest.
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 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.
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.