{
  "id": 2082535,
  "title": "Chicago corn rises on mixed yield prospects across US Midwest",
  "url": "https://urgent.news/2026/08/20/chicago-corn-rises-on-mixed-yield-prospects-across-us-midwest",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-20T05:42:32.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40435721/chicago-corn-rises-on-mixed-yield-prospects-across-us-midwest"
  },
  "original_language": "en",
  "account": "Chicago corn futures climbed on Thursday after an industry field tour unveiled a patchwork of yield prospects across the US Midwest, while soybeans and wheat slipped. The most-traded corn contract on the Chicago Board of Trade (CBOT) increased 0.4% to $5.00 a bushel by 0221 GMT. Soybeans slipped 0.2% to $12.35 a bushel and wheat declined 0.1% to $6.96-3/4 a bushel. Analysts are keenly observing reports from the Pro Farmer field tour in light of the US Department of Agriculture (USDA) slashing its corn and soybean yield predictions last week. Pro Farmer scouts reported that corn yield potential and soybean pod counts in western Iowa have dipped from last year but are still near or above three-year averages. On the third day of a four-day, seven-state excursion, Pro Farmer scouts forecasted the average corn yield for Illinois, America's second-largest corn producer, at 184.19 bushels per acre, lower than the 2025 crop tour average of 199.57 bushels per acre and the tour's three-year average of 199.15. In Nebraska, some irrigation-dependent fields showed stunted and thin crops, according to tour scouts. Most of Nebraska's corn is irrigated and in better shape. For Indiana, the tour forecasted an average corn yield of 183.54 bushels per acre, down from last year's tour estimate of 193.82 bushels per acre and the tour's three-year average of 187.42 bushels per acre. The tour conducted field assessments in Illinois and western Iowa before concluding in Rochester, Minnesota, on Thursday. Grain markets are also monitoring supply chain disruptions to Black Sea exports following ongoing Russian and Ukrainian attacks, including near Russia's Novorossiysk port. If Ukraine's Black Sea ports stay blocked by Russian assaults, Ukrainian wheat exports could fall to between 5 million and 10 million metric tons in the 2026/27 July-to-June season, according to ASAP Agri consultancy. ASAP Agri also warned that Russian wheat exports might also drop this season if its deep-sea exports become severely restricted.",
  "summary": "BEIJING: Chicago corn futures rose on Thursday as an industry field tour highlighted mixed yield prospects across the US Midwest, while soybeans and wheat fell. The most-active corn contract on the Chicago Board of Trade (CBOT) gained 0.4% to $5.00 a bushel by 0221 GMT. Soybeans lost 0.2% to $12.35 a bushel and wheat fell 0.1% to $6.96-3/4 a bushel. Traders are closely watching reports from the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}