# Weather a driver for the grain markets - Brownfield Ag News

> StoneX chief commodities economist Arlan Suderman says U.S. corn and soybean prices depend on whether dry areas recover soil moisture before the growing season. He notes the timing of the El Nino to La Nina transition could bring a hot, dry late summer or a helpful harvest period.

- Date: 2024-04-15 · published 2024-04-15T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/13196-weather-a-driver-for-the-grain-markets-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A normal growing season would likely produce a large U.S. crop that pressures prices, while a hot, dry late summer would be bullish, so weather uncertainty keeps price risk elevated.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-05-15 | [Warmer, drier weather settles across the Corn Belt - Brownfield Ag News](https://feedsoft.ai/events/70858-warmer-drier-weather-settles-across-the-corn-belt-brownfield-ag-news.md) | +0.5% | +3.5% |
| CORN | 2020-08-27 | [Weather causing short-term crop market opportunities - Brownfield Ag News](https://feedsoft.ai/events/51642-weather-causing-short-term-crop-market-opportunities-brownfield-ag-news.md) | +1.6% | +7.0% |
| CORN | 2023-03-15 | [Farmers watching the clock for drought buster - Brownfield Ag News](https://feedsoft.ai/events/13290-farmers-watching-the-clock-for-drought-buster-brownfield-ag-news.md) | -0.6% | +0.8% |
| CORN | 2018-07-11 | [Favorable weather pattern across much of the Midwest - Brownfield Ag News](https://feedsoft.ai/events/63870-favorable-weather-pattern-across-much-of-the-midwest-brownfield-ag-news.md) | +0.5% | +9.5% |
| CORN | 2023-08-15 | [Soybeans down despite dry weather concerns - Brownfield Ag News](https://feedsoft.ai/events/5617-soybeans-down-despite-dry-weather-concerns-brownfield-ag-news.md) | -0.9% | -1.3% |
| SOY | 2020-10-06 | [Dry, milder weather across the Heartland - Brownfield Ag News](https://feedsoft.ai/events/50498-dry-milder-weather-across-the-heartland-brownfield-ag-news.md) | +1.2% | +2.9% |
| SOY | 2017-05-15 | [Warmer, drier weather settles across the Corn Belt - Brownfield Ag News](https://feedsoft.ai/events/70858-warmer-drier-weather-settles-across-the-corn-belt-brownfield-ag-news.md) | -0.1% | -2.4% |
| SOY | 2020-08-27 | [Weather causing short-term crop market opportunities - Brownfield Ag News](https://feedsoft.ai/events/51642-weather-causing-short-term-crop-market-opportunities-brownfield-ag-news.md) | +4.7% | +8.8% |

## Sources

- brownfieldagnews.com: https://www.brownfieldagnews.com/news/weather-a-driver-for-the-grain-markets/

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