# Drought Conditions Improving in Much of Midwest | Red River Farm Network

> USDA meteorologist Brad Rippey says drought coverage has declined to 24% of corn and 22% of soybean production areas in early April 2024. Both crops have trended downward since mid-2023, when corn drought coverage peaked at 70%.

- Date: 2024-04-05 · published 2024-04-05T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/13192-drought-conditions-improving-in-much-of-midwest-red-river-farm-network
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Improving soil moisture reduces weather risk premium in corn and soybean futures, which tends to weigh on feed grain prices.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-06-10 | [Drought May Slow Barge Movement \| Red River Farm Network](https://feedsoft.ai/events/16624-drought-may-slow-barge-movement-red-river-farm-network.md) | +6.8% | -3.2% |
| CORN | 2025-07-31 | [Corn and Soybean Drought Conditions improve - Pro Farmer](https://feedsoft.ai/events/13070-corn-and-soybean-drought-conditions-improve-pro-farmer.md) | -2.0% | -1.7% |
| CORN | 2023-06-22 | [Midwest drought has Mississippi River level concerns coming back \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/16623-midwest-drought-has-mississippi-river-level-concerns-coming-back-iowa.md) | -8.7% | -14.9% |
| CORN | 2024-12-19 | [A Big Brazilian Crop \| Red River Farm Network](https://feedsoft.ai/events/13530-a-big-brazilian-crop-red-river-farm-network.md) | +2.0% | +7.4% |
| CORN | 2023-07-18 | [Crop Watch: Conditions improve again on mild weather, though dryness eyed](https://feedsoft.ai/events/13262-crop-watch-conditions-improve-again-on-mild-weather-though-dryness-eyed.md) | +18.0% | -1.3% |
| SOY | 2021-01-19 | [Timely Rains Help Brazil Crops, Dry Conditions Remain in Argentina \| Red River Farm Network](https://feedsoft.ai/events/48978-timely-rains-help-brazil-crops-dry-conditions-remain-in-argentina-red-river.md) | -5.2% | -2.3% |
| SOY | 2025-07-31 | [Corn and Soybean Drought Conditions improve - Pro Farmer](https://feedsoft.ai/events/13070-corn-and-soybean-drought-conditions-improve-pro-farmer.md) | -0.6% | +6.1% |
| SOY | 2023-06-22 | [Midwest drought has Mississippi River level concerns coming back \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/16623-midwest-drought-has-mississippi-river-level-concerns-coming-back-iowa.md) | -4.2% | -1.3% |

## Sources

- rrfn.com: https://www.rrfn.com/2024/04/05/drought-conditions-improving-in-much-of-midwest/

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