My yard is just inches above the bordering river, doesn't help with the moisture issue. If the cord was laying on a dry desert like surface?
Granted, any leakage current would be very small.. current none the less.. Then again, I've picked up an extension cord left laying out after a heavy rain and found that the female end (in a puddle) was warm to the touch.... (lots of night crawlers dancing on the near by grass) (yes I had on rubber boots)
and everyone knows when you have lemons.. make lemon aid. when you have worms.. go fishing!