Drought hits the Midwest, threatening crops and the world’s food supply • Missouri Independent

After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.

• Oct 29, 2019Midwestern Drought Threatens Crops, Food Prices+2.7%
• Sep 10, 2026Midwest Drought Expands: Heat Wave Threatens Crops | Feed & Grain+4.3%
• Jan 29, 2026Heat wave hits Argentina, threatening corn and soybean crops-0.3%
• Oct 25, 2022Drought Status Update for the Midwest and Missouri River Basin | October 25, 2022 | Drought.gov-1.4%
• May 25, 2023Drought Early Warning Update for the Midwest U.S. | May 25, 2023 | Drought.gov-4.4%

After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.

• Sep 10, 2026Midwest Drought Expands: Heat Wave Threatens Crops | Feed & Grain+1.9%
• Jan 29, 2026Heat wave hits Argentina, threatening corn and soybean crops+1.6%
• May 25, 2023Drought Early Warning Update for the Midwest U.S. | May 25, 2023 | Drought.gov+0.4%
• Jun 20, 2023Dry Weather and Drought in the Midwest, Middle-June 2023 - farmdoc daily+3.7%
• Jun 16, 2022Drought Early Warning Update for the Midwest U.S. | June 16, 2022 | Drought.gov-5.9%

After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.

• Oct 25, 2022Drought Status Update for the Midwest and Missouri River Basin | October 25, 2022 | Drought.gov-5.1%
• May 25, 2023Drought Early Warning Update for the Midwest U.S. | May 25, 2023 | Drought.gov-1.8%
• May 16, 2022'Flash droughts' are Midwest's next big climate threat | Grist+4.0%
• Oct 1, 2026How this summer’s heat and drought impacted crops in Europe – in six charts-2.9%
• Mar 13, 2018Drought threat intensifies for U.S. Plains winter wheat crop-1.6%

Not enough comparable past events yet for a historical read.