# What does the weather hold for 2024 crops?

> A Farm Progress overview says forecast models for 2024 crops are in deep conflict. It notes that the Midwest had an El Niño winter and that the transition to La Niña by summer is uncertain. Historical analogues show mixed outcomes, from Corn Belt drought in 1983 and 1988 to summer storms in 2016.

- Date: 2024-06-25 · published 2024-06-25T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/29659-what-does-the-weather-hold-for-2024-crops
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Uncertainty over whether summer turns hot and dry in the Corn Belt keeps a weather risk premium in corn and soybean prices. The outcome will depend on how quickly La Niña develops.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-08-14 | [What Does Lack of El Niño, La Niña Mean For Winter? \| The Weather Channel](https://feedsoft.ai/events/69375-what-does-lack-of-el-nino-la-nina-mean-for-winter-the-weather-channel.md) | -2.0% | -4.4% |
| CORN | 2023-06-08 | [Hello, El Niño – What To Expect for the 2023 Crop - AgWeb](https://feedsoft.ai/events/35411-hello-el-nino-what-to-expect-for-the-2023-crop-agweb.md) | +3.5% | -3.5% |
| CORN | 2024-01-11 | [Regional US Weather Outlook for 2024](https://feedsoft.ai/events/32046-regional-us-weather-outlook-for-2024.md) | -1.3% | -5.6% |
| CORN | 2019-02-01 | [How Crops May Be Changing Weather](https://feedsoft.ai/events/60454-how-crops-may-be-changing-weather.md) | -0.3% | -0.8% |
| CORN | 2024-09-13 | [Crop issues as the 2024 season winds down - farmdoc](https://feedsoft.ai/events/13150-crop-issues-as-the-2024-season-winds-down-farmdoc.md) | +2.9% | +3.8% |
| SOY | 2023-06-08 | [Hello, El Niño – What To Expect for the 2023 Crop - AgWeb](https://feedsoft.ai/events/35411-hello-el-nino-what-to-expect-for-the-2023-crop-agweb.md) | +2.0% | +9.2% |
| SOY | 2024-01-11 | [Regional US Weather Outlook for 2024](https://feedsoft.ai/events/32046-regional-us-weather-outlook-for-2024.md) | -1.2% | -2.9% |
| SOY | 2024-09-13 | [Crop issues as the 2024 season winds down - farmdoc](https://feedsoft.ai/events/13150-crop-issues-as-the-2024-season-winds-down-farmdoc.md) | +2.2% | +2.3% |

## Sources

- farmprogress.com: https://www.farmprogress.com/crops/what-does-the-weather-hold-for-2024-crops-

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