forecasting
agent
← back to scans

Will Wisconsin's corn for grain yield per harvested acre for 2026 be above 184 bu/acre?

kalshiEconomics·2026-10-13·view on kalshi ↗
38%
Agent
40%
Market Price
-2.0%
Edge
42%
Confidence
20,097
Volume
2.0c
Spread
110
Days to resolution
9
Markets in event
final rationale
Mean of 2 draws (0.38, 0.38). (0) Not resolved. The deciding figure is Wisconsin's final 2026 corn-for-grain yield in the January 2027 Crop Production Annual Summary, which has not been published. No source retrieved Wisconsin's row from the Oct 9 NASS report. (a) About 3.5 months remain until the January 2027 annual summary; the November and December forecasts come first. (b) Status quo leans No: - The last confirmed Wisconsin forecast is 180 (September), down from 184 in August, and 184 itself resolves No. - Wisconsin corn is only 59% good/excellent, against 81% in the record-188 year of 2025. - Drought is severe in the north, northeast and west. - DTN's model, published Oct 9, sits around 181.3–181.5. (c) No: Wisconsin's October forecast lands around 181–183 and harvest results in drought areas disappoint, as in 2024, when the final came in 8 below the October forecast. The final settles in the high 170s to low 180s. (d) Yes: Wisconsin follows the national +2.7 bu October rebound back toward 183–184. Harvest then outperforms, as in 2023 (+11 from October) and 2025 (+5 from November), pushing the final to 185 or more. Shrinking harvested acres, with weak fields going to silage, would also prop up yield per harvested acre. The Kalshi price of 40% rose 12 points in the past week, plausibly reflecting an unseen October Wisconsin bump. I lack that number, so I anchor near the market and shade slightly toward No given the drought evidence and the strict threshold.
price vs. prediction
market price agent forecast at t+0
5 follow-ups
1. Planner Opus 5.5 · picks the research tools
Tools chosen: kalshi_direct resolution_source kalshi_related article_search
Planner reasoning
The Kalshi price is the anchor. The key piece of structured data is USDA NASS's latest forecast of Wisconsin's 2026 corn yield: the September and October Crop Production reports, with the October report due around Oct 9-12. The resolution source covers this, and one targeted article search can pull that number. Related Kalshi strikes and markets for other states give a cross-check on how the market is distributing yield outcomes.
2. Research parallel tool calls + 4 web research loops (Sonnet 5.5) · read raw by the forecasters
at a glance
RESEARCH DIGEST (built in code: tool summaries and each report's bottom line; the forecasters read the full tool outputs and reports) Tools - kalshi_direct: ## This Market's Kalshi Data **Above 184 bu/acre** (KXWICORNYIELD-27JAN31-T184) - Current price (probability): 40.00% (live; bid 38% / ask 40%) - 7-day price change: +12.00% - 30-day price change: -13.00% - Average daily volume: 1116 contracts - Price range: 25.00% - 57.00% - Data points: 18 days - resolution_source: DATA NOT FOUND: the value this market resolves on could not be read; tried: NASS Wisconsin crops publications index: only lists reports up to 2025 (page last modified 04/06/2026). Wisconsin state PDFs WI-Crop-Production-10-26.pdf and -09-26.pdf: both returned 404. NASS Todays_Reports crop1026.txt and .pdf: both returned 404. Opened the ESMIS crop1026.txt (Oct 9, 2026): the text was cut off after t - kalshi_related: 0 related markets / summaries. series KXWICORNYIELD: 0 markets (skipped 9 no-signal) | series KXCORNYIELD: 0 markets (skipped 0 no-signal) | keyword 'corn yield': no matches - article_search: Fetched 13 unique articles across 2 queries (lookback=45d). 'USDA October 2026 Crop Production Wisconsin corn yield forecast bushels per acre': 8 articles | 'Wisconsin corn yield 2026 NASS forecast': 8 articles Research loops, bottom lines - current state: The U.S. yield is expected well below 2025, and Wisconsin's crop condition is mediocre at 59% good to excellent, with a drought-affected northeast and west. No Wisconsin forecast was retrieved, so the gap to the 184 strike is unknown. Wisconsin's Oct 9 forecast and the Nov 10 and Dec reports are the key checks. - base rate: The reference class puts the bar at 184 above Wisconsin's recent typical finals, because only 1 of the last 5 years cleared it. The latest confirmed Wisconsin forecast, 180 in September, is below it, and the October forecast (likely higher) should settle where the market sits. Historical forecast-to-final misses of roughly ±8–11 bu mean the outcome is far from locked in. - yes case: The strongest YES case is that Wisconsin's October forecast followed the national rebound of +2.7 bu from September's 180 toward its August 184. The final would then need a further upward revision to 185 or more, as happened in 2023 (+11 from October) and 2025 (final above all forecasts). The rows in the October report were unavailable, so this path is unconfirmed. - no case: The NO case rests on four facts: the last confirmed forecast of 180, the strict "above 184" threshold, a 59% crop rating against 81% last year, and widespread drought with lowered yields in the north and west. A YES needs a final about 5+ bu above the September number, which has happened in some past years (2023, 2025) but not in drought-stressed years like 2024.
tools
toolstatustimeitemssummary
kalshi_direct OK 0.2s 1 ## This Market's Kalshi Data **Above 184 bu/acre** (KXWICORNYIELD-27JAN31-T184) - Current price (probability): 40.00% (live; bid 38% / ask 40%) - 7-day price change: +12.00% - 30-day price change: -13.00% - Average daily volume: 1116 contracts - Price range: 25.00% - 57.00% - Data points: 18 days
resolution_source OK 42.3s 1 DATA NOT FOUND: the value this market resolves on could not be read; tried: NASS Wisconsin crops publications index: only lists reports up to 2025 (page last modified 04/06/2026). Wisconsin state PDFs WI-Crop-Production-10-26.pdf and -09-26.pdf: both returned 404. NASS Todays_Reports crop1026.txt an
kalshi_related OK 4.6s 0 0 related markets / summaries. series KXWICORNYIELD: 0 markets (skipped 9 no-signal) | series KXCORNYIELD: 0 markets (skipped 0 no-signal) | keyword 'corn yield': no matches
article_search OK 0.3s 13 Fetched 13 unique articles across 2 queries (lookback=45d). 'USDA October 2026 Crop Production Wisconsin corn yield forecast bushels per acre': 8 articles | 'Wisconsin corn yield 2026 NASS forecast': 8 articles
research loops · 4/4 ok · 16 searches · 0 page reads
dimensionstatustimesearchespage readsreport
current state OK 33s 5 0 4016 chars
base rate OK 38s 5 0 4177 chars
yes case OK 27s 3 0 3865 chars
no case OK 22s 3 0 5582 chars
report: current state
I could not find USDA's 2026 Wisconsin corn yield forecast for any month, including the Aug 12, Sep 11 and Oct 9 Crop Production reports. The Wisconsin line in the September 2026 PDF was cut from the fetched text. - [2026-09-11] USDA's first objective-yield forecast puts the U.S. 2026 corn yield at 178.5 bu/acre. That is down 2.2 from August's 180.7 and down 8.0 from 2025's record 186.5. Source: https://esmis.nal.usda.gov/sites/default/release-files/796056/crop0926.pdf - [2026-09-11] Wisconsin is one of the 10 states with objective-yield field counts, which began about Aug 25. Source: https://www.agbull.com/september-usda-corn-yield-revisions-nearly-a-coin-flip-but-usually-a-2-bushel-move/ - [2026-10-09] The October Crop Production report was scheduled for release on this date. The ERS Feed Outlook of September 2026 gives the date. I did not retrieve the report or its Wisconsin figure. Source: https://www.ers.usda.gov/media/29642/fds-26i.pdf?v=93820 - [2026-10-05] Wisconsin corn condition as of Oct 4 was 59% good to excellent. Corn was 72% mature (5-yr average 70%) and 8% harvested for grain. Silage harvest was 87% done. Topsoil was 67% adequate and 13% surplus. Source: https://whsm.com/news/2026/10/07/wisconsin-crop-update-provided - [2026-10-05] The Oct 5 NASS Crop Progress release shows Wisconsin corn mature at 72% and harvested at 8% as of Oct 4. Source: https://esmis.nal.usda.gov/sites/default/release-files/796095/prog4026.pdf - [2026-09-06] Wisconsin had hot, humid weather with sporadic rain. Reporters said the rains "may be too late to benefit crops in some portions" of the state. Topsoil was 13% very short and 28% short. Source: https://www.nass.usda.gov/Statistics_by_State/Wisconsin/Publications/Crop_Progress_&_Condition/2026/WI-Crop-Progress-09-08-26.pdf - [2026-10-02] UW-Extension reports drought improved in central counties, but D3 drought expanded in the northeast. Wisconsin corn condition was 59% good to excellent. For comparison, Iowa was 75% and Illinois 60%. Source: https://cropsandsoils.extension.wisc.edu/october-2nd-2026-weather-outlook/ - [2026-10-05] Western Wisconsin (roughly Alma to Menominee, east to Neillsville and southwest to La Crosse) got only 0.1–0.2 inch of rain. Areas south of a La Crosse–Manitowoc line got more. Source: https://www.midwestfarmreport.com/2026/10/05/some-harvesting-continues-in-wisconsin-but-more-to-come/ - [2026-01 final] Wisconsin's 2025 final corn yield was a record 188.0 bu/acre on 3.22M harvested acres. 2024 was 174.0. The 2025 forecasts ran 185 (Aug), 184 (Sep) and 183 (Nov) before the final. Source: https://datcp.wi.gov/Documents2/WisconsinFarmReporter202601.pdf - [2024 comparison] In 2024 the Wisconsin forecasts were 183 (Aug), 182 (Sep) and 182 (Oct). The final was 174. Sources: https://datcp.wi.gov/Documents2/WASSUpdate20241114.pdf and the 2025 summary above. - [2026-08-12] farmdoc daily puts USDA's historical forecast error at about 5.3 bu/acre (standard deviation) in August, 4.5 in September and 3.0 in October. That is for the U.S. yield. Source: https://farmdocdaily.illinois.edu/2026/08/a-pre-and-post-report-look-at-the-2026-us-corn-yield.html - [Scheduled] The resolution source is the Crop Production Annual Summary, normally released in January. The 2025 summary was January 2026. NASS also issues November and December Crop Production reports before it. Source: https://esmis.nal.usda.gov/sites/default/release-files/795725/cropan26.pdf BOTTOM LINE: The U.S. yield is expected well below 2025, and Wisconsin's crop condition is mediocre at 59% good to excellent, with a drought-affected northeast and west. No Wisconsin forecast was retrieved, so the gap to the 184 strike is unknown. Wisconsin's Oct 9 forecast and the Nov 10 and Dec reports are the key checks. NOT FOUND: Wisconsin's 2026 corn yield forecast in the Aug, Sep and Oct 2026 Crop Production reports. The Oct 9 report's U.S. figure. The Oct 13 Wisconsin crop progress release. Any Wisconsin DATCP farm reporter for Aug–Oct 2026.
report: base rate
I could not find Wisconsin's October 1, 2026 corn yield forecast. That figure is the key number for this question. It is in the October 9 Crop Production report, but the Wisconsin row was cut from the text I fetched. - [2026-10-09] The national corn yield forecast was raised to 181.2 bu/ac, up 2.7 from September's 178.5. That is above the DTN analyst average of 177.6, against a 2025 final of 186.5. https://www.dtnpf.com/agriculture/web/ag/news/article/2026/10/09/usda-raises-corn-yield-2-7-bpa-181-2 - [2026-10-09] I read the October report text on the NASS ESMIS site, which confirms the national 181.2 figure. The Wisconsin line was in the part of the text omitted from the fetch. The September Wisconsin forecast is the latest I could confirm. https://esmis.nal.usda.gov/sites/default/release-files/796101/crop1026.txt - [2026-09-11] The September forecast, per a Brownfield summary, put Wisconsin at 180 bu/ac. The summary said that was down from 184 a month earlier and from 188 a year earlier. Its 188 is the 2025 figure as published in the Brownfield summary. https://www.brownfieldagnews.com/news/usda-2026-corn-soybean-estimates-shift-on-yield-changes/ - [2026-09-11] The September report said the national yield was cut 2.2 bu after hot, dry finishing weather in parts of the country. The same report carries the state-level table. https://www.nass.usda.gov/Publications/Todays_Reports/reports/crop0926.pdf - [2026-10-04] Wisconsin crop condition for the week ending Oct 4 was 59% good/excellent, 27% fair and 15% poor/very poor. Corn was 72% mature, against a 70% five-year average. https://mix93.fm/news/2026/10/07/wisconsin-crop-update-provided - [2026-08-24] Wisconsin corn was rated 65% good/excellent on Aug 24, and the next three weeks are not in my sources. Aug 3 was 72%, and a third table on the Aug 3 page showed 77% (63 good, 14 excellent), which I could not match to a crop. https://esmis.nal.usda.gov/sites/default/release-files/796031/prog3426.pdf - [2025 final] The Wisconsin corn grain yield was 188 bu/ac. The 2025 forecasts ran 185 in August and 184 in September, so the final came in above the late forecasts. The 188 comes from the Brownfield summary above. https://datcp.wi.gov/Documents2/WisconsinFarmReporter202509.pdf - [2024 history] Wisconsin forecasts ran 183 (Aug) and 182 (Oct), but the final was 174. That is 8 bu below the October forecast. https://www.midwestfarmreport.com/2025/01/13/heres-how-wisconsin-did-in-crop-production-2/ - [2023 history] The October forecast was 165 and the November forecast was 171. The final was 176, so the final landed 11 above the October forecast. https://wicorn.org/news/2024/01/30/wisconsin-crop-production-2023-summary/ - [2021–2022 history] The 2021 final was 180 bu/ac. The 2022 final was 180, per the 2023 October report, which showed 2022 at 180.0. https://www.nass.usda.gov/Statistics_by_State/Wisconsin/Publications/Crops/2023/WI-Crop-Production-10-23.pdf - [Reference class] Wisconsin finals for 2021–2025 were 180, 180, 176, 174 and 188. Only 2025 exceeded 184. The strike of 184 is roughly the September 2026 forecast of 180 plus 4. October-to-final changes in the recent years I checked were −8 (2024) and +11 (2023); other years were not checked. The final is the January Annual Summary, which is released before the Jan 31, 2027 close. - [2026-10-09] The national forecast rose 2.7 bu from September. If Wisconsin moved similarly, its October forecast may sit near or above 182, but that is inference and not confirmed. BOTTOM LINE: The reference class puts the bar at 184 above Wisconsin's recent typical finals, because only 1 of the last 5 years cleared it. The latest confirmed Wisconsin forecast, 180 in September, is below it, and the October forecast (likely higher) should settle where the market sits. Historical forecast-to-final misses of roughly ±8–11 bu mean the outcome is far from locked in. NOT FOUND: The Wisconsin October 1, 2026 corn yield forecast (the Wisconsin line of the Oct 9 report, and the NASS Wisconsin release). Also not found: Wisconsin's late-September condition detail, expert or private Wisconsin yield estimates, and any sibling-contract data.
report: yes case
YES means: USDA NASS's first Crop Production Annual Summary (January 2027) reports Wisconsin's 2026 corn-for-grain yield at 185 bu/acre or more. A yield of exactly 184 resolves No. - [2026-10-09] The October Crop Production text on ESMIS confirms the U.S. yield was raised 2.7 to 181.2 bu/acre. It is down only 5.3 from 2025's record. DTN said the move went against pre-report expectations. The report's Wisconsin row was omitted from the fetched text, so Wisconsin's own October number is unconfirmed. Path to YES: Wisconsin's October forecast also rose from September's 180. https://esmis.nal.usda.gov/sites/default/release-files/796101/crop1026.txt - [2026-10-09] The analyst range for the October U.S. yield was 173.2 to 182.1, with an average of 177.6. USDA's 181.2 landed near the top of that range. That points to better-than-feared yields from late-season crop information. This is a national signal, and the Wisconsin effect is unknown. https://www.dtnpf.com/agriculture/web/ag/news/article/2026/10/09/usda-raises-corn-yield-2-7-bpa-181-2 - [2026-09-11] The September cut to 180 was a one-month swing of -4 from August's 184 (per the Brownfield summary). August's 184 equals the strike, so the strike is only 4 above September's 180. The first objective-yield counts drove the September cut. A reversal of the September drop, as happened nationally in October, would put Wisconsin at or above 184. https://www.brownfieldagnews.com/news/usda-2026-corn-soybean-estimates-shift-on-yield-changes/ - [2025 history] Wisconsin's August 2025 forecast was 185 and its final was 188, so the final ended above even the August forecast. Wisconsin finals have beaten late-season forecasts before. In 2023 the October forecast was 165 and the final was 176. https://datcp.wi.gov/Documents2/WisconsinFarmReporter202508.pdf - [2022-10] Wisconsin's October 2022 forecast was 182.0, and the Sept 2022 forecast was 183. The state has repeatedly reached the low-to-mid 180s in good years (Farm Progress, 2022: the record-setting 183 forecast). The 2022 final of 180 shows forecasts sometimes overshoot. https://www.farmprogress.com/commentary/wisconsin-s-corn-yield-expected-to-set-record - [2024 comparison] Wisconsin's 2024 forecasts of 183 (Aug) and 182 (Oct) were above 2026's 180 (Sept). The 2024 final was 174. The harvest-time shortfall can be large in either direction, since NASS's late forecast error for Wisconsin runs several bushels. https://datcp.wi.gov/Documents2/WASSUpdate20241114.pdf - [2026-10-09] The October report used October 1 conditions and was not designed to capture later weather. Per the earlier reports, topsoil was 67% adequate with 13% surplus, and the early October rain in south and east Wisconsin was benign for harvest. That supports no late deterioration. https://www.nass.usda.gov/Publications/Todays_Reports/reports/crop0926.pdf - [2026-08-12] The August Crop Production report gave the 2026 Wisconsin forecast, and its U.S. yield of 180.7 was a start well below 2025. The September Brownfield summary put Wisconsin's August forecast at 184. Even so, Wisconsin's 2025 final (188) came out well above its September 2025 forecast (184). https://esmis.nal.usda.gov/sites/default/release-files/796015/crop0826.pdf BOTTOM LINE: The strongest YES case is that Wisconsin's October forecast followed the national rebound of +2.7 bu from September's 180 toward its August 184. The final would then need a further upward revision to 185 or more, as happened in 2023 (+11 from October) and 2025 (final above all forecasts). The rows in the October report were unavailable, so this path is unconfirmed. NOT FOUND: Wisconsin's October 1, 2026 corn yield forecast (the Wisconsin row in the Oct 9 report; the NASS state release URL for October 2026 returned 404). Any Wisconsin-specific analyst estimate or farm-reporter commentary for October 2026.
report: no case
YES means: USDA NASS's first Crop Production Annual Summary with the final 2026 estimate (normally January 2027) shows Wisconsin corn for grain yield per harvested acre above 184 bu/acre. A final of exactly 184.0 resolves NO. - [2026-10-09] I could not retrieve the Wisconsin line of the October Crop Production report. The ESMIS text I fetched omits the state table, and I could not find a Wisconsin release or press item for October. The last confirmed Wisconsin forecast is 180 in September. The Brownfield state table gives that as down from 184 in August and 188 in 2025. https://www.brownfieldagnews.com/news/usda-2026-corn-soybean-estimates-shift-on-yield-changes/ - [2026-10-09] Status-quo arithmetic favours NO. Wisconsin's confirmed forecast is already 4 bu under the strike, and the August forecast of 184 was only at the strike, not above it. Resolution needs "above 184", so 184.0 fails. The national yield rose 2.7 bu in October (to 181.2, still 5.3 below 2025). That does not tell us Wisconsin rose, because Wisconsin's drought differs from the national picture. https://esmis.nal.usda.gov/sites/default/release-files/796101/crop1026.txt - [2026-10-02] Wisconsin corn was 59% good to excellent, against 81% a year earlier, when the final was a record 188. More than half the state is in drought. Exceptional drought is in the north, and extreme drought is spreading across the northeast. WPR reports that late-summer dryness "decreasing yields in northwestern Wisconsin". https://www.wpr.org/news/drought-conditions-in-northern-half-of-wisconsin-ease-in-some-areas-and-expand-in-others - [2026-09-14] A Barron County farmer called the post-June 1 stretch the driest in 130 years and expected grain yields to be off about 20%. That is anecdotal, but it points to a downside the objective-yield sample may not fully capture. https://www.cow97.com/2026/09/14/drought-impacting-northwestern-wisconsin-crops/ - [2026-08-31] The Wisconsin State Climatology Office reports farmers worried about "ears of corn looking a lot smaller than they should be" in the northeast. Small ears are a kernel-fill problem, which condition ratings can miss. https://www.wbay.com/2026/08/31/northeast-wisconsin-drought-deepens-heading-into-fall/ - [2026-09-23] A Monroe Times roundup says the drought was largely confined to the northern tier. It also says the August and September rains arrived too late to change yield potential much. It cites an August state forecast of 570.4M bu on 3.1M acres, which works out to about 184. Experts expect "average yields" (the article's framing). Corn condition was 61% good to excellent. This supports a final no higher than the August forecast, not above it. https://themonroetimes.com/local-news/harvest-time-rolling-toward-average-yields-statewide/ - [2026-08-10] The DTN Digital Yield Tour put Wisconsin at 187.2 bu/acre, but that was taken when the crop was 70–72% good to excellent. The crop then slid to 58% by Aug 18. DTN itself called the result a mean reversion to the five-year average. The tour estimate is stale and pre-dates the late-summer deterioration. https://www.dtnpf.com/agriculture/web/ag/crops/article/2026/08/10/wisconsin-farmers-deal-dry-spells - [2026-10-08] Weather is no help for a late upside. Rain through early October was patchy. Some west-central counties got a quarter-inch or less, while southern areas got 1.5 to 3 inches. Harvest conditions are mild, with temperatures 3–6°F above normal. Extension flags late-season moisture quality problems in soybeans. Nothing in the weather suggests a rescue of grain yield. https://wausaupilotandreview.com/2026/10/10/mild-october-conditions-help-harvest-as-drought-hangs-on-in-northern-wisconsin/ - [2025-11] Last year's pattern does not show systematic upward drift to the final. The November 2025 forecast was 183 and the final was 188, a +5 move. That is the one recent case of a final beating a late forecast by enough to clear 184. In 2024 the final fell 8 below the October forecast. The 2025 jump came from a 81%-rated good-to-excellent crop, which is far better than this year's 59%. https://datcp.wi.gov/Documents2/WisconsinFarmReporter202511.pdf - [2023-10] The October 2023 forecast was 165 and the final was 176, so large upward revisions happen in drought years. In 2023 the exceptional-drought footprint also came from Aug–Sep. That is the main risk to the NO case. https://www.nass.usda.gov/Statistics_by_State/Wisconsin/Publications/Crops/2023/WI-Crop-Production-10-23.pdf - [2026-10-09] The harvested-acre base is shrinking. The September forecast had 3.1M harvested acres versus 3.22M in 2025. Drought pushes more acres to silage, which silage harvest at 87% done already shows. Abandoned acres tend to be the weakest ones, so the yield per harvested acre is somewhat propped up. This cuts slightly against NO. https://www.brownfieldagnews.com/news/usda-2026-corn-soybean-estimates-shift-on-yield-changes/ BOTTOM LINE: The NO case rests on four facts: the last confirmed forecast of 180, the strict "above 184" threshold, a 59% crop rating against 81% last year, and widespread drought with lowered yields in the north and west. A YES needs a final about 5+ bu above the September number, which has happened in some past years (2023, 2025) but not in drought-stressed years like 2024. NOT FOUND: Wisconsin's Oct 1, 2026 corn yield forecast (the Oct 9 state table). The August 2026 Wisconsin yield line in an official NASS document; I only have the Monroe Times implied ~184. Any private Wisconsin harvest yield reports. Any sibling-strike contract data.
3. Forecasters 2 draws · Opus 5.5 + GPT · plain mean
claude-opus-5-5 · high effort
42% conf
Yes 38%
No 62%
(0) Not resolved. The deciding figure is Wisconsin's final 2026 corn-for-grain yield in the January 2027 Crop Production Annual Summary, which has not been published. No source retrieved Wisconsin's row from the Oct 9 NASS report. (a) About 3.5 months remain until the January 2027 annual summary; the November and December forecasts come first. (b) Status quo leans No: - The last confirmed Wisconsin forecast is 180 (September), down from 184 in August, and 184 itself resolves No. - Wisconsin corn is only 59% good/excellent, against 81% in the record-188 year of 2025. - Drought is severe in the north, northeast and west. - DTN's model, published Oct 9, sits around 181.3–181.5. (c) No: Wisconsin's October forecast lands around 181–183 and harvest results in drought areas disappoint, as in 2024, when the final came in 8 below the October forecast. The final settles in the high 170s to low 180s. (d) Yes: Wisconsin follows the national +2.7 bu October rebound back toward 183–184. Harvest then outperforms, as in 2023 (+11 from October) and 2025 (+5 from November), pushing the final to 185 or more. Shrinking harvested acres, with weak fields going to silage, would also prop up yield per harvested acre. The Kalshi price of 40% rose 12 points in the past week, plausibly reflecting an unseen October Wisconsin bump. I lack that number, so I anchor near the market and shade slightly toward No given the drought evidence and the strict threshold.
claude-opus-5-5 · high effort
42% conf
Yes 38%
No 62%
(0) Not resolved. The deciding figure is Wisconsin's final 2026 yield in NASS's January 2027 Annual Summary, which is not yet published. The Wisconsin row of the Oct 9 forecast could not be read. (a) There are about 3.5 months left, with November and December forecasts due before the January final. (b) Status quo: the last confirmed Wisconsin forecast is 180 bu/acre (September, per Brownfield), down from 184 in August. The national October forecast rose 2.7 bu to 181.2. Kalshi's +12-point jump over the past week, coming after the Oct 9 report, suggests Wisconsin's October number also rose, probably into the low 180s. DTN's model sits at about 181.3. The status-quo path therefore lands somewhat below the strict 'above 184' bar. (c) NO: drought in the north, northeast and west, a 59% good/excellent rating against 81% last year, and reports of small ears hold the final around 178–183, as in 2024 when the final fell 8 bu below the October forecast. (d) YES: harvested acres shift to silage and the objective-yield counts surprise to the upside, as in 2023 (+11 from October) and 2025 (final 188 against forecasts of 183–185). That would push the final to 185 or more. Wisconsin's forecast-to-final swings are large in both directions, so I stay near the 40% market anchor and shade slightly lower because of the weak crop ratings and the strict threshold.
4. Final plain mean of 2 draws
38% (42% confidence)
Yes: 38% No: 62%
Mean of 2 draws (0.38, 0.38). (0) Not resolved. The deciding figure is Wisconsin's final 2026 corn-for-grain yield in the January 2027 Crop Production Annual Summary, which has not been published. No source retrieved Wisconsin's row from the Oct 9 NASS report. (a) About 3.5 months remain until the January 2027 annual summary; the November and December forecasts come first. (b) Status quo leans No: - The last confirmed Wisconsin forecast is 180 (September), down from 184 in August, and 184 itself resolves No. - Wisconsin corn is only 59% good/excellent, against 81% in the record-188 year of 2025. - Drought is severe in the north, northeast and west. - DTN's model, published Oct 9, sits around 181.3–181.5. (c) No: Wisconsin's October forecast lands around 181–183 and harvest results in drought areas disappoint, as in 2024, when the final came in 8 below the October forecast. The final settles in the high 170s to low 180s. (d) Yes: Wisconsin follows the national +2.7 bu October rebound back toward 183–184. Harvest then outperforms, as in 2023 (+11 from October) and 2025 (+5 from November), pushing the final to 185 or more. Shrinking harvested acres, with weak fields going to silage, would also prop up yield per harvested acre. The Kalshi price of 40% rose 12 points in the past week, plausibly reflecting an unseen October Wisconsin bump. I lack that number, so I anchor near the market and shade slightly toward No given the drought evidence and the strict threshold.
Pipeline Timing
Total pipeline time: 77.2s
Per-tool research timings shown in the Research section above.