# Drought Concerns Grow as 57% of Corn, 51% of Soybeans in the U.S. Now Considered to Be in Drought - AgWeb

> USDA Drought Monitor data show 57% of the US corn crop and 51% of soybeans, plus 64% of sorghum and 50% of winter wheat, are now in drought. Worsening conditions in the Midwest, especially Iowa and Illinois, are affecting crop conditions.

- Date: 2023-06-15 · published 2023-06-15T12:00:00.000Z
- Category: weather · region US · magnitude high
- Page: https://feedsoft.ai/events/35551-drought-concerns-grow-as-57-of-corn-51-of-soybeans-in-the-u-s-now-considered-to
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Widening drought coverage over the Corn Belt raises the risk of yield losses, supporting corn, soybean and sorghum prices and feed costs.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-05-29 | [Corn, Soybeans and Wheat in the Grips of Drought - AgWeb](https://feedsoft.ai/events/13276-corn-soybeans-and-wheat-in-the-grips-of-drought-agweb.md) | -4.6% | -4.0% |
| CORN | 2021-04-13 | [Drought in Plains a Concern for U.S. Corn and Soy Crops](https://feedsoft.ai/events/47437-drought-in-plains-a-concern-for-u-s-corn-and-soy-crops.md) | +1.5% | +23.9% |
| CORN | 2022-06-20 | [Hot and dry conditions increasing drought concerns in the Corn Belt](https://feedsoft.ai/events/13353-hot-and-dry-conditions-increasing-drought-concerns-in-the-corn-belt.md) | -3.7% | -11.8% |
| CORN | 2025-01-29 | [Will the Bull Market in Corn Continue to Pull Up Soybeans and Wheat? - AgWeb](https://feedsoft.ai/events/6895-will-the-bull-market-in-corn-continue-to-pull-up-soybeans-and-wheat-agweb.md) | +1.0% | -1.0% |
| CORN | 2020-11-30 | [Drought Continues to Hamper Brazil's Corn, Soybean Growing Season](https://feedsoft.ai/events/50007-drought-continues-to-hamper-brazil-s-corn-soybean-growing-season.md) | -1.5% | -1.0% |
| SOY | 2023-05-29 | [Corn, Soybeans and Wheat in the Grips of Drought - AgWeb](https://feedsoft.ai/events/13276-corn-soybeans-and-wheat-in-the-grips-of-drought-agweb.md) | +1.0% | +11.8% |
| SOY | 2021-04-13 | [Drought in Plains a Concern for U.S. Corn and Soy Crops](https://feedsoft.ai/events/47437-drought-in-plains-a-concern-for-u-s-corn-and-soy-crops.md) | +4.9% | +17.2% |
| SOY | 2022-06-20 | [Hot and dry conditions increasing drought concerns in the Corn Belt](https://feedsoft.ai/events/13353-hot-and-dry-conditions-increasing-drought-concerns-in-the-corn-belt.md) | -4.2% | -13.2% |

## Sources

- agweb.com: https://www.agweb.com/news/crops/crop-production/drought-concerns-grow-57-corn-51-soybeans-u-s-now-considered-be-drought

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