# Drought Status Update for the Midwest U.S. | September 2, 2022 | Drought.gov

> NIDIS reported that as of August 30, 2022, drought affected about 10% of the Midwest, with the most intense extreme (D3) drought in northwestern Iowa and southwestern Missouri. Corn and soybeans were rated in good condition overall, but yields were expected to fall in drought-hit areas, particularly Iowa and Missouri.

- Date: 2022-09-02 · published 2022-09-02T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/13327-drought-status-update-for-the-midwest-u-s-september-2-2022-drought-gov
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Localized yield losses in key Corn Belt states tighten supply and support corn and soybean prices, though the crop's overall condition limits the upside.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-10-01 | [Drought Status Update for the Midwest \| September 20, 2024](https://feedsoft.ai/events/13149-drought-status-update-for-the-midwest-september-20-2024.md) | +0.2% | -2.4% |
| CORN | 2022-07-21 | [Drought Status Update for the Midwest U.S. \| July 21, 2022 \| Drought.gov](https://feedsoft.ai/events/13342-drought-status-update-for-the-midwest-u-s-july-21-2022-drought-gov.md) | -5.2% | -0.3% |
| CORN | 2023-12-07 | [Drought Status Update for the Midwest \| December 7, 2023 \| Drought.gov](https://feedsoft.ai/events/13220-drought-status-update-for-the-midwest-december-7-2023-drought-gov.md) | -2.3% | +0.0% |
| CORN | 2024-10-22 | [Drought Status Update for the Midwest \| October 22, 2024 \| Drought.gov](https://feedsoft.ai/events/13141-drought-status-update-for-the-midwest-october-22-2024-drought-gov.md) | -0.0% | +2.2% |
| CORN | 2023-06-23 | [Drought Status Update for the Midwest U.S. \| June 23, 2023 \| Drought.gov](https://feedsoft.ai/events/13269-drought-status-update-for-the-midwest-u-s-june-23-2023-drought-gov.md) | -8.6% | -15.1% |
| SOY | 2024-10-01 | [Drought Status Update for the Midwest \| September 20, 2024](https://feedsoft.ai/events/13149-drought-status-update-for-the-midwest-september-20-2024.md) | -2.2% | -7.9% |
| SOY | 2022-07-21 | [Drought Status Update for the Midwest U.S. \| July 21, 2022 \| Drought.gov](https://feedsoft.ai/events/13342-drought-status-update-for-the-midwest-u-s-july-21-2022-drought-gov.md) | +9.0% | +1.8% |
| SOY | 2023-12-07 | [Drought Status Update for the Midwest \| December 7, 2023 \| Drought.gov](https://feedsoft.ai/events/13220-drought-status-update-for-the-midwest-december-7-2023-drought-gov.md) | +0.9% | -3.5% |

## Sources

- drought.gov: https://www.drought.gov/drought-status-updates/drought-status-update-midwest-us-9-2-22

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