# Markets aren't concerned about weather — yet - Agweek | #1 source for agriculture news, farming, markets

> Allison Thompson writes that the El Niño-linked dryness in parts of the US is not yet a market concern. She notes a mild winter with a Midwest snow drought, and NOAA's spring outlook calls for a warmer than normal Midwest with the Corn Belt possibly wetter.

- Date: 2024-02-23 · published 2024-02-23T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/31592-markets-aren-t-concerned-about-weather-yet-agweek-1-source-for-agriculture-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Markets are not yet pricing a weather premium, but a warm, wet spring outlook for the Corn Belt could shape planting-season speculation. Any change in spring forecasts could move corn and soybean futures.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-09-25 | [Summer is over, but the weather market isn't - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/12962-summer-is-over-but-the-weather-market-isn-t-agweek-1-source-for-agriculture.md) | -0.3% | -6.1% |
| CORN | 2024-12-09 | [Weather made for a challenging year for corn and soybean farmers - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/13131-weather-made-for-a-challenging-year-for-corn-and-soybean-farmers-agweek-1.md) | +1.9% | +6.3% |
| CORN | 2022-07-15 | [Weather and recession fears trump USDA report - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/5593-weather-and-recession-fears-trump-usda-report-agweek-1-source-for-agriculture.md) | -10.7% | -8.4% |
| CORN | 2023-12-22 | [Grains respond to continued hot, dry weather in Brazil - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/11282-grains-respond-to-continued-hot-dry-weather-in-brazil-agweek-1-source-for.md) | +2.4% | -1.8% |
| CORN | 2025-10-16 | [Harvest season in full swing in the Midwest - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/13047-harvest-season-in-full-swing-in-the-midwest-agweek-1-source-for-agriculture.md) | -0.0% | +2.8% |
| SOY | 2026-09-25 | [Summer is over, but the weather market isn't - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/12962-summer-is-over-but-the-weather-market-isn-t-agweek-1-source-for-agriculture.md) | -2.5% | -4.9% |
| SOY | 2024-12-09 | [Weather made for a challenging year for corn and soybean farmers - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/13131-weather-made-for-a-challenging-year-for-corn-and-soybean-farmers-agweek-1.md) | -0.6% | -0.2% |
| SOY | 2022-07-15 | [Weather and recession fears trump USDA report - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/5593-weather-and-recession-fears-trump-usda-report-agweek-1-source-for-agriculture.md) | -11.9% | +6.2% |

## Sources

- agweek.com: https://www.agweek.com/business/markets/markets-arent-concerned-about-weather-yet

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