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338,521
Markets across
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Kalshi:
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50% or more
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50% or more - Polymarket
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Aug 25
Aug 26
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Aug 27
Vol.
$32.7
·
Resolves Sep 4, 2026
Time left: 07d:20h:11m
$
This market will resolve based on the "D1-D4" value reported for "Percent of Corn Production Affected by Drought" on the U.S. Agricultural Commodities in Drought Row Crops Data Table (https://agindrought.unl.edu/Table.aspx?1), maintained by the National Drought Mitigation Center at the University of Nebraska-Lincoln in partnership with the USDA. This market will resolve to the bracket containing the reported percentage for the U.S. Drought Monitor week of September 1, 2026. Each U.S. Drought Monitor release covers the seven-day period ending Tuesday at 8:00 AM ET and is published the following Thursday. The first value published for that week is final and will resolve this market independently of any later revisions or corrections. If the source reports a value with decimals, it is rounded to the nearest whole number (a value of exactly 0.5 rounds up) before the bracket is selected. The brackets are inclusive of their stated endpoints and do not overlap. If no value for the week of September 1, 2026 is published by September 10, 2026, 11:59 PM ET, this market will resolve based on the most recently published "D1-D4" value for corn production with an effective date on or before September 1, 2026.
This market will resolve based on the "D1-D4" value reported for "Percent of Corn Production Affected by Drought" on the U.S. Agricultural Commodities in Drought Row Crops Data Table (https://agindrought.unl.edu/Table.aspx?1), maintained by the National Drought Mitigation Center at the University of Nebraska-Lincoln in partnership with the USDA. This market will resolve to the bracket containing the reported percentage for the U.S. Drought Monitor week of September 1, 2026. Each U.S. Drought Monitor release covers the seven-day period ending Tuesday at 8:00 AM ET and is published the following Thursday. The first value published for that week is final and will resolve this market independently of any later revisions or corrections. If the source reports a value with decimals, it is rounded to the nearest whole number (a value of exactly 0.5 rounds up) before the bracket is selected. The brackets are inclusive of their stated endpoints and do not overlap. If no value for the week of September 1, 2026 is published by September 10, 2026, 11:59 PM ET, this market will resolve based on the most recently published "D1-D4" value for corn production with an effective date on or before September 1, 2026.
Currently, this market shows a strong tilt toward significant drought conditions, with traders pricing in a high probability of dry weather affecting U.S. corn fields. That contrasts with many recent analyst reports, which have been more cautious, suggesting only moderate drought risk. The gap highlights how market participants may be weighing different data — such as soil moisture trends or weather model ensembles — than the experts polled by major agricultural institutions.
On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Polymarket, traders set the price through their bets, which now imply a 88.0% chance of the contracted outcome. The market’s volume of $54 reflects active trading around that central probability, with price shifts driven by new weather forecasts, crop condition reports, or unexpected rainfall events that reshape expectations for the week of September 1.
This market resolves around Sep 4, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The final percentage will be based on official U.S. agricultural data for the week of September 1, measuring how much of the corn production area fell under drought conditions. Until then, traders will watch regional weather patterns and USDA updates that could swing the final number.
Key signals include weekly U.S. Drought Monitor maps, which can rapidly shift perceived risk if new dry zones appear. Short-term weather forecasts covering major corn states — especially any prolonged heat or rain events — will also drive volatility. Government crop progress reports, released every Monday, could reshape expectations by showing actual planting or condition changes that either validate or counter the current market pricing.