# Corn market: ready to move?

> An analysis notes that corn prices have been moving sideways as weather factors offset each other. Argentina is likely to produce below-average crops due to drought, and attention is shifting to Brazil's safrinha planting and Northern Hemisphere planting.

- Date: 2023-02-17 · published 2023-02-17T12:00:00.000Z
- Category: weather · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/37349-corn-market-ready-to-move
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Drought in Argentina and planting timing in Brazil are the key weather risks that could push corn prices sharply in either direction.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-07-16 | [CEPM Corn Market n°227 \| Maiz'Europ'](https://feedsoft.ai/events/52154-cepm-corn-market-n-227-maiz-europ.md) | +0.8% | -0.4% |
| CORN | 2023-08-29 | [Feed markets on the move - Mecardo](https://feedsoft.ai/events/34640-feed-markets-on-the-move-mecardo.md) | -2.8% | -9.5% |
| CORN | 2024-06-27 | [Terrain \| The Fast and Furious Corn Weather Market](https://feedsoft.ai/events/29804-terrain-the-fast-and-furious-corn-weather-market.md) | -2.3% | -0.1% |
| CORN | 2019-08-04 | [U.S. Corn Market Update: Crop Conditions Steady As WASDE Looms - See It Market](https://feedsoft.ai/events/6044-u-s-corn-market-update-crop-conditions-steady-as-wasde-looms-see-it-market.md) | -2.4% | -8.2% |
| CORN | 2021-06-25 | [Corn, wheat, soy steady as US crop prospects assessed - Markets - Business Recorder](https://feedsoft.ai/events/46608-corn-wheat-soy-steady-as-us-crop-prospects-assessed-markets-business-recorder.md) | +5.6% | -5.6% |

## Sources

- agriculture.com: https://www.agriculture.com/markets/analysis/corn-market-ready-to-move

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