# Weather woes support corn, soybeans, wheat - Brownfield Ag News

> Heavy Midwest rainfall and flooding over the weekend pushed soybeans, corn and wheat higher on commercial and speculative buying. USDA showed 10% of US soybeans and 34% of corn planted as of late April, with winter wheat rated 54% good to excellent. Weekly export inspections for soybeans were also bullish.

- Date: 2017-05-01 · published 2017-05-01T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/10482-weather-woes-support-corn-soybeans-wheat-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Flooding raises the risk of replanting and lost acres for corn and soybeans, and winter wheat damage could tighten supplies. Traders are bidding up futures on the weather premium, which supports feed grain and meal prices.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2017-05-01 | 1 | +1.9% | 3.4 | May 1 report that heavy Midwest rain and flooding drove commercial and speculative buying in corn, soybeans and wheat, directly explaining the one-day gain via planting delay/supply risk. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-07-27 | [Weather forecasts support soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/7126-weather-forecasts-support-soybeans-corn-brownfield-ag-news.md) | -1.3% | -7.0% |
| CORN | 2018-03-01 | [Weather provides more support in corn, soybeans, and wheat - Brownfield Ag News](https://feedsoft.ai/events/66079-weather-provides-more-support-in-corn-soybeans-and-wheat-brownfield-ag-news.md) | +0.8% | +1.3% |
| CORN | 2017-07-14 | [Soybeans, corn supported by renewed weather concerns - Brownfield Ag News](https://feedsoft.ai/events/69796-soybeans-corn-supported-by-renewed-weather-concerns-brownfield-ag-news.md) | +5.3% | -1.2% |
| CORN | 2017-06-07 | [Corn, soybeans higher on weather concerns - Brownfield Ag News](https://feedsoft.ai/events/70428-corn-soybeans-higher-on-weather-concerns-brownfield-ag-news.md) | +0.6% | +1.5% |
| CORN | 2026-03-06 | [Soybeans, corn, wheat see more support from drop in the dollar - Brownfield Ag News](https://feedsoft.ai/events/9854-soybeans-corn-wheat-see-more-support-from-drop-in-the-dollar-brownfield-ag-news.md) | +1.2% | +2.2% |
| SOY | 2017-07-27 | [Weather forecasts support soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/7126-weather-forecasts-support-soybeans-corn-brownfield-ag-news.md) | -2.3% | -5.4% |
| SOY | 2018-03-01 | [Weather provides more support in corn, soybeans, and wheat - Brownfield Ag News](https://feedsoft.ai/events/66079-weather-provides-more-support-in-corn-soybeans-and-wheat-brownfield-ag-news.md) | +1.0% | -2.6% |
| SOY | 2023-08-25 | [More weather support for soybeans - Brownfield Ag News](https://feedsoft.ai/events/34665-more-weather-support-for-soybeans-brownfield-ag-news.md) | -0.4% | -5.1% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/weather-woes-support-corn-soybeans-wheat/

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