# Corn ends higher amid supply concerns in South America

> CBOT March corn rose 0.6% to $4.43 a bushel on Tuesday, with concerns about dry weather in Argentina and Brazil. More than 100 cargo ships in Argentina were blocked from loading agricultural goods due to a dockworker wage strike.

- Date: 2020-12-22 · published 2020-12-22T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/10133-corn-ends-higher-amid-supply-concerns-in-south-america
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Dry weather in South America and port strike disruptions in Argentina tighten export supply, supporting corn and soybean meal prices.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-02-22 | [Dry weather concerns extend from South America into North America](https://feedsoft.ai/events/48467-dry-weather-concerns-extend-from-south-america-into-north-america.md) | +1.6% | -3.4% |
| CORN | 2022-03-01 | [Cost Concerns - Corn South](https://feedsoft.ai/events/42348-cost-concerns-corn-south.md) | +4.7% | +12.1% |
| CORN | 2026-08-27 | [European corn, soybean meal prices near historic highs amid supply concerns \| S&P Global](https://feedsoft.ai/events/17959-european-corn-soybean-meal-prices-near-historic-highs-amid-supply-concerns-s.md) | +1.2% | +5.8% |
| CORN | 2021-04-26 | [Corn futures jump to a 7-year high on supply concerns](https://feedsoft.ai/events/9399-corn-futures-jump-to-a-7-year-high-on-supply-concerns.md) | +13.6% | +6.9% |
| CORN | 2021-12-24 | [Corn futures in Chicago close to six-month high amid weather threats in South America — Latifundist.com](https://feedsoft.ai/events/43622-corn-futures-in-chicago-close-to-six-month-high-amid-weather-threats-in-south.md) | -1.3% | +3.3% |
| SBM | 2021-02-22 | [Dry weather concerns extend from South America into North America](https://feedsoft.ai/events/48467-dry-weather-concerns-extend-from-south-america-into-north-america.md) | -0.6% | -5.1% |
| SBM | 2026-08-27 | [European corn, soybean meal prices near historic highs amid supply concerns \| S&P Global](https://feedsoft.ai/events/17959-european-corn-soybean-meal-prices-near-historic-highs-amid-supply-concerns-s.md) | +3.0% | +10.1% |
| SBM | 2021-12-24 | [Corn futures in Chicago close to six-month high amid weather threats in South America — Latifundist.com](https://feedsoft.ai/events/43622-corn-futures-in-chicago-close-to-six-month-high-amid-weather-threats-in-south.md) | +1.1% | -0.3% |

## Sources

- economies.com: https://www.economies.com/commodities/corn-news/corn-ends-higher-amid-supply-concerns-in-south-america-37199

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.