# IP Crop Network, March Report - U.S. Identity Preserved Alliance

> The IP Crop Network March report describes early-season conditions across regions, including Minnesota drought shrinking from 78% to 57% of the state. Western Minnesota still has limited subsurface water and needs timely rains.

- Date: 2023-03-14 · published 2023-03-14T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/13291-ip-crop-network-march-report-u-s-identity-preserved-alliance
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Dryness in western Minnesota raises the risk of weak spring planting and yields, a modest supportive factor for soybean and corn prices.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-09-04 | [RRFN Announces Final Crop Tour Results \| Red River Farm Network](https://feedsoft.ai/events/62879-rrfn-announces-final-crop-tour-results-red-river-farm-network.md) | +0.1% | +3.0% |
| SOY | 2018-09-27 | [Spotty Corn and Soybean Yields \| Red River Farm Network](https://feedsoft.ai/events/62878-spotty-corn-and-soybean-yields-red-river-farm-network.md) | +1.4% | +0.0% |
| SOY | 2023-02-26 | [K-State releases reports from 2022 Kansas Crop Performance Tests - Morning Ag Clips](https://feedsoft.ai/events/13302-k-state-releases-reports-from-2022-kansas-crop-performance-tests-morning-ag.md) | +0.1% | -6.6% |
| SOY | 2024-12-12 | [Disappointing crop profitability in 2024 - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/13127-disappointing-crop-profitability-in-2024-agweek-1-source-for-agriculture-news.md) | -4.4% | +1.8% |
| SOY | 2021-06-25 | [Corn, wheat, soy steady as US crop prospects assessed - Markets - Business Recorder](https://feedsoft.ai/events/46608-corn-wheat-soy-steady-as-us-crop-prospects-assessed-markets-business-recorder.md) | +5.5% | +2.2% |
| CORN | 2018-09-04 | [RRFN Announces Final Crop Tour Results \| Red River Farm Network](https://feedsoft.ai/events/62879-rrfn-announces-final-crop-tour-results-red-river-farm-network.md) | +0.5% | +1.8% |
| CORN | 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) | +0.0% | +0.0% |
| CORN | 2018-09-27 | [Spotty Corn and Soybean Yields \| Red River Farm Network](https://feedsoft.ai/events/62878-spotty-corn-and-soybean-yields-red-river-farm-network.md) | -0.5% | -0.3% |

## Sources

- soyagrainsalliance.org: https://soyagrainsalliance.org/2023/03/14/ip-crop-network-march-report-2/

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