If USDA NASS reports that Indiana’s corn for grain yield per harvested acre in 2027 is above
205 bu/acre, then the market resolves to Yes.
The Underlying is USDA NASS’s reported Indiana Corn, Grain - Yield for the 2027 crop, measured in bushels per harvested acre. Corn silage will not be included. USDA NASS publishes the corresponding state-level corn yield annually.