StoneX logo

Crop Roundup Summary

By: Tom Pawlicki, Senior Specialist, Market Intelligence

Weather’s impact on trendline yield potential

  • Summary-Weather across most Midwest states has been supportive of trendline or above-trendline yields so far, with timely rains, warm temperatures, and strong early crop development reported. Nebraska remains the main concern, as western dryland areas continue to struggle with spotty rainfall, heat stress, and potential prevent plant acreage, though irrigated production remains in good shape.
  • Ohio’s weather has generally been beneficial, with sunny conditions helping fields dry out and recent rains supporting crop health and reducing compaction concerns. Trendline yields appear likely overall, although some later-planted corn could lag slightly behind normal potential.
  • Indiana’s weather has been mostly beneficial, with timely rains and warm temperatures helping crops emerge quickly and improve overall condition ratings. Some southern areas of the state have seen excessive moisture and localized replanting, but overall trendline yield potential still looks favorable.
  • Central Illinois has been on the dry side recently, but temperatures have remained manageable and recent rains plus a wetter forecast are helping stabilize conditions. Southern Illinois has had overly wet conditions and some replanting, though statewide yield prospects still appear supportive of trendline or better yields.
  • Iowa’s weather has been very favorable, with widespread 1–3 inch rains and good heat accumulation supporting strong crop development. Crop ratings are already very strong and conditions currently support trendline to above-trendline yield potential statewide.
  • Minnesota has experienced excellent growing weather, including warm temperatures, regular rainfall, and accumulated growing degree days. Early-season concerns from a cold spring have largely disappeared, and trendline or above-trendline yields remain achievable.
  • The Dakotas have generally benefited from consistent rains and warm weather that have helped erase prior drought concerns and support strong crop development. Some isolated prevent plant and hail issues remain, but overall conditions currently point toward above-trendline yield potential.
  • Nebraska conditions are mixed, with eastern and irrigated areas benefiting from good rainfall and favorable growth while western dryland areas remain stressed from spotty moisture and heat. Irrigated corn looks solid, but dryland concerns and expected prevent plant acreage in the western region create a more cautious outlook for statewide trendline yields.

Crop condition expectations

  • Summary-Crop condition ratings are generally expected to improve or remain strong this week across most major Midwest states, supported by timely rains, warm temperatures, and strong early crop development. Nebraska remains more mixed, as strong irrigated crop conditions are being offset by weaker dryland areas in the west suffering from spotty rainfall and heat stress.
  • Ohio crop condition ratings were viewed as accurate by reporters and are expected to improve this week as fields continue drying and recent rains support crop growth. Corn stands were described as good overall, with trendline yields still likely despite some late-planted acreage concerns.
  • Indiana’s crop condition ratings should improve this week after beneficial rains and warm weather helped crops emerge quickly and develop strong stands. Southern areas have some excess moisture and replanting issues, but overall ratings are expected to move higher.
  • Central Illinois conditions are viewed as good-to-excellent, with warmer weather helping crops accelerate growth and recent rains arriving at a favorable time. Southern Illinois has been wetter with some replanting, but statewide ratings are still expected to remain strong.
  • Iowa ratings were already above 80% good/excellent on corn and near 80% on soybeans, with expectations they could hold steady or improve further. Widespread beneficial rains and strong crop establishment are supporting excellent early-season conditions.
  • Minnesota’s ratings are likely to remain strong and largely unchanged this week as crops continue rapid development under warm temperatures and regular rainfall. Early planting concerns tied to a cold spring are no longer viewed as a major issue.
  • Crop conditions across the Dakotas are generally viewed as very good, with consistent rains and improving moisture profiles boosting confidence in crop potential. Some localized issues remain from hail and delayed planting, but overall ratings sentiment is positive.
  • Nebraska’s ratings are viewed as more mixed, with irrigated acres in strong shape but western dryland areas struggling from spotty rainfall and heat. Current ratings near 58% good/excellent were described as roughly average, with limited “excellent” crop conditions seen statewide.

Prevent plant likelihood

  • Summary-Prevent plant risk remains minimal across most Midwest states and generally near normal levels, with the notable exception of western Nebraska and parts of the western Plains where dryness could still lead to meaningful prevent plant acreage.
  • Ohio’s prevent plant is expected to stay limited as improving weather has allowed planting progress to catch up.
  • Indiana’s prevent plant looks minimal and close to normal, with most acres successfully planted despite isolated wet spots.
  • In Illinois, prevent plant concerns appear limited, though southern Illinois has seen some localized replanting from excessive moisture.
  • Iowa’s prevent plant is expected to be near zero and typical versus past years.
  • Very little prevent plant has been reported in Minnesota, with planting progress generally recovering well from the slow spring.
  • Prevent plant in the Dakotas is mostly expected to remain low, although northeastern South Dakota could still face isolated issues if rains persist.
  • Nebraska has the largest prevent plant risk, especially in western dryland areas where dryness may leave significant acres unplanted.

To listen to this week's crop roundup, please click the link below.
https://portal.rjobrien.com/MarketInsights/Document/Read/360421

The weekly crop roundup summarizes conditions across a wide area of the key corn and soybean growing areas.

image-20260608123501-1

  • Grains & Oilseeds

This material should be construed as market commentary and represents the opinions and viewpoints of the author, and does not reflect tailored advice associated with any specific account.


The views are current only through the date stated and are subject to change at any time based upon market or other conditions, and StoneX Group Inc. (“SGI”) disclaims any responsibility to update such views. Actual results, performance, or achievements may differ materially from those expressed or implied. Information is based on data gathered from what we believe are reliable sources. Past performance does not guarantee future results.


The StoneX Group Inc. group of companies provides financial services worldwide through its subsidiaries, including physical commodities, securities, exchange-traded and over-the-counter derivatives, risk management, global payments and foreign exchange products in accordance with applicable law in the jurisdictions where services are provided.


References to certain OTC products or swaps are made on behalf of StoneX Markets, LLC (SXM), a member of the National Futures Association (NFA) and provisionally registered with the U.S. Commodity Futures Trading Commission (CFTC) as a swap dealer. SXM’s products are designed only for individuals or firms who qualify under CFTC rules as an ‘Eligible Contract Participant’ and who have been accepted as customers of SXM.


StoneX Financial Inc. (SFI) is a member of FINRA/NFA/SIPC and registered with the MSRB. SFI is registered with the U.S. Securities and Exchange Commission (SEC) as a Broker-Dealer and with the CFTC as a Futures Commission Merchant and Commodity Trading Advisor. StoneX Financial (Canada) Inc. (SFCI) is registered in Canada and is a member of CIRO and CIPF. References to certain securities trading are made on behalf of the BD Division of SFI and are intended only for an audience of institutional clients as defined by FINRA Rule 4512(c). References to certain exchange-traded futures and options are made on behalf of the FCM Division of SFI. Wealth Management is offered through SA Stone Wealth Management Inc., member FINRA/SIPC, and SA Stone Investment Advisors Inc., an SEC-registered investment advisor, both wholly owned subsidiaries of SGI.

R.J. O’Brien & Associates, LLC (RJO) is registered with the CFTC as a Futures Commission Merchant and is a member of NFA.


StoneX Financial Ltd (SFL) is registered in England and Wales, company no. 5616586. SFL is authorized and regulated by the Financial Conduct Authority (FCA) (registration number FRN:446717) to provide services to professional and eligible customers including: arrangement, execution and, where required, clearing derivative transactions in exchange traded futures and options. SFL is also authorized to engage in the arrangement and execution of transactions in certain OTC products, certain securities trading, precious metals trading and payment services to eligible customers. SFL is authorized and regulated by the FCA under the Payment Services Regulations 2017 for the provision of payment services. SFL is a category 1 ring-dealing member of the London Metal Exchange. In addition SFL also engages in other physically delivered commodities business and other general business activities which are unregulated and not required to be authorized by the FCA.


This communication is issued in the European Economic Area by StoneX Financial Europe GmbH (SFEG). StoneX is the trade name used by STONEX GROUP INC. and all its associated entities and subsidiaries. StoneX Financial Europe GmbH (“SFEG”) is a securities trading firm registered in Germany under Company No. HRB 80844.


StoneX APAC Pte. Ltd. (“SAP”) (Co. Reg. No 200616676W) is regulated as a Dealer (PS20190001002) under the Precious Stones and Precious Metals (Prevention of Money Laundering and Terrorism Financing) Act 2019 for purposes of anti-money laundering and countering the financing of terrorism. SAP is an “Approved International Trading Company” authorized to act as a “Spot Commodity Broker” under the Commodity Trading Act.


StoneX Financial Pte Ltd (Co. Reg. No 201130598R) (“SFP”) is regulated by the Monetary Authority of Singapore and is a Capital Markets Service Licence holder (for dealing in capital market products), an Exempt Financial Adviser (for advising on investment products and issuing or promulgating analyses/ reports on investment products) and a Major Payment Institution (for domestic and cross-border money transfer services).


SFP may distribute analysis/report produced by its respective foreign affiliates within the StoneX Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations Recipients should contact SFP at (65) 6309 1000 for any matters arising from, or in connection with, this webinar.


StoneX APAC Pte. Ltd. (“SAP”) (Co. Reg. No 200616676W) is regulated as a Dealer (PS20190001002) under the Precious Stones and Precious Metals (Prevention of Money Laundering and Terrorism Financing) Act 2019 for purposes of anti-money laundering and countering the financing of terrorism.


StoneX Financial (HK) Limited (CE No.: BCQ152) (“SHK”) is regulated by the Hong Kong Securities and Futures Commission for Dealing in Securities and Dealing in Futures Contracts.


StoneX Financial Pty Ltd (ACN 141 774 727) holds an Australian Financial Service License (AFSL: 345646) for Dealing in Securities, Exchange-Traded Derivatives Contracts, OTC Derivatives Contracts and Foreign Exchange Contracts, and is regulated by the Australian Securities and Investments Commission.


StoneX Securities Co., Ltd. (“SSJ”) (Co. Reg. No 010401047199) is regulated by the Japanese Financial Services Agency as a Type-I Financial Instruments Business Operator (Kanto Local Finance Bureau (FIBO)No.291’), is a member of the Financial Futures Association of Japan for dealing and broking FX and FX Option transactions, and is a member of the Japan Securities Dealers Association for dealing and broking stock indices and option transactions.


Trading swaps and over-the-counter derivatives, exchange-traded derivatives and options and securities involves substantial risk and is not suitable for all investors. Past performance of any futures or option is not indicative of future success. Indicators are not a trading system and are not published as a specific trade recommendation. The information herein is not a recommendation to trade nor investment research or an offer to buy or sell any derivative or security. It does not take into account your particular investment objectives, financial situation or needs and does not create a binding obligation on any of the StoneX group of companies to enter into any transaction with you. You are advised to perform an independent investigation of any transaction to determine whether any transaction is suitable for you. No part of this material may be copied, photocopied or duplicated in any form by any means or redistributed without the prior written consent of StoneX Group Inc.


The report/analysis herein is not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation.


© 2026 StoneX Group Inc. All Rights Reserved.

Satellite view of Earth at night showing illuminated cities across Asia and the Middle East

Discover more insights

Our subscribers have access to comprehensive market analysis from StoneX spanning commodities, equities, currencies and more.

StoneX: We open markets

Our market expertise, advanced platforms, global reach, culture of full transparency and commitment to our clients’ success all set us apart in the financial marketplace.

Reach

With access to 40+ derivatives exchanges, 180+ foreign exchange markets, nearly every global securities marketplace and numerous bi-lateral liquidity venues, StoneX’s digital network and deep relationships can take clients anywhere they want to go.

Transparency

As a publicly traded company meeting the highest standards of regulatory compliance in the markets we serve, our financials and record of accomplishment are matters of public record. StoneX’s commitment to “doing the right thing over the easy thing” sets us apart in the industry and helps us build respect, client trust and new partnerships.

Expertise

From our proprietary Market Intelligence platform, to “boots on the ground” expertise from award-winning traders and professionals, we connect our clients directly to actionable insights they can use to make more informed decisions and achieve their goals in the global markets.