Western Illinois farmer Brady Holst says his area's harvest is nearly complete with above-average yields, slightly below last year. He has turned to fall fieldwork and applied ammonia and dry fertilizer, with input prices high.
Solid local yields add to ample corn and soybean supply, a mildly bearish factor, while high fertilizer and input costs keep farm margins tight for next season's planting decisions.
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.