Recent US Drought Monitor data, reflecting conditions through early October 2026, place roughly 19% of national corn acreage in moderate (D1) or worse drought, with notable concentrations in parts of the lower Midwest, Plains states such as Nebraska and Kansas, and the Mississippi Valley. This aligns with trader emphasis on the 15–24% range amid mixed late-summer precipitation patterns that delivered localized relief in the Upper Midwest while allowing drought persistence or expansion southward. Harvest delays from September record rains in the Corn Belt have not reversed earlier heat and dryness impacts on soil moisture, though model consensus and official acreage weighting keep probabilities for higher brackets subdued. The next weekly USDA Ag in Drought update, expected near mid-October, will resolve the exact figure based on the latest monitor map and corn production weighting.
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