It is believed that if corn dies at dent than 40% of yield is lost, at half milk line it is 12%. Top 5 states predicted to produce 9B bu. If half of corn in those states yield is reduced by 12% and other half is reduced 6% results in a reduction of 0.81B bu, which I do not think is bad enough to make the market bullish (25% up in less than 6 months)