# Central US is now getting worst of the drought. Corn crops are stressed, rivers are running low | AP News

> USDA rates only half of the U.S. corn crop in good or excellent condition, and rivers are running low in the central US. An analyst estimates total yield could fall about 1 billion bushels below the original 16.7 billion bushel projection if rains do not arrive soon.

- Date: 2023-06-29 · published 2023-06-29T12:00:00.000Z
- Category: weather · region US · magnitude high
- Page: https://feedsoft.ai/events/13270-central-us-is-now-getting-worst-of-the-drought-corn-crops-are-stressed-rivers
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

A potential 1 billion bushel yield shortfall would materially tighten US corn supplies and lift feed grain prices. Low river levels could also raise barge freight costs for moving grain.

## Read by commodity

- CORN: bullish ▲
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-06-22 | [Central US drought intensifies, threatening grains and soy \| Reuters](https://feedsoft.ai/events/9769-central-us-drought-intensifies-threatening-grains-and-soy-reuters.md) | -8.7% | -14.9% |
| CORN | 2021-06-18 | [Drought Expands in Iowa, Stressing Crops- as Soybean and Corn Prices Tumble \| Farm Policy News \| Illinois](https://feedsoft.ai/events/46422-drought-expands-in-iowa-stressing-crops-as-soybean-and-corn-prices-tumble-farm.md) | +0.3% | -5.2% |
| CORN | 2021-08-25 | [Drought Status Update for the North Central U.S. \| August 26, 2021 \| Drought.gov](https://feedsoft.ai/events/45405-drought-status-update-for-the-north-central-u-s-august-26-2021-drought-gov.md) | -1.8% | -11.3% |
| CORN | 2022-09-26 | [Percent Drought in US Corn, Bean Areas Highest of Season](https://feedsoft.ai/events/13333-percent-drought-in-us-corn-bean-areas-highest-of-season.md) | -1.4% | +2.6% |
| CORN | 2019-02-13 | [Floods, drought, trade wars - trying to understand risk in a sea of uncertainty - Beef Central](https://feedsoft.ai/events/60546-floods-drought-trade-wars-trying-to-understand-risk-in-a-sea-of-uncertainty.md) | -1.4% | -3.4% |

## Sources

- apnews.com: https://apnews.com/article/drought-midwest-corn-rivers-4160f309ba6c56b139bc0cfc68930b8e

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