A Nebraska farmer reports a very difficult harvest marked by mud and rain delays. He has about 20 percent of his crop left, with good soybean yields and variable corn yields after late-July heat.
Anecdotal reports of heat-reduced corn yields and delays add mild support to the corn outlook. One farm's experience carries little weight in national supply estimates.
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.