# High Heat Might Push Corn Prices Even Higher

> An ETF Database article says a heat ridge forecast for July could threaten corn during pollination, after roughly half of US corn was planted in a two-week May window. A StoneX analyst said heat is the overwhelming market concern and prices rose sharply the prior Thursday.

- Date: 2022-06-27 · published 2022-06-27T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/40956-high-heat-might-push-corn-prices-even-higher
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Hot, dry forecasts during July corn reproduction raise yield risk and could lift corn prices if the ridge settles over the Midwest.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-06-09 | [DDG Prices Driven Higher by Rise in Corn Futures](https://feedsoft.ai/events/70594-ddg-prices-driven-higher-by-rise-in-corn-futures.md) | -1.0% | +0.3% |
| CORN | 2020-08-26 | [Low rainfall in US Midwest drives corn prices higher](https://feedsoft.ai/events/51639-low-rainfall-in-us-midwest-drives-corn-prices-higher.md) | +1.5% | +7.0% |
| CORN | 2019-07-03 | [Corn prices headed up? \| MU Extension](https://feedsoft.ai/events/58129-corn-prices-headed-up-mu-extension.md) | +2.9% | -0.2% |
| CORN | 2019-10-29 | [Falling Corn Surplus Could Mean Higher Food Prices](https://feedsoft.ai/events/56588-falling-corn-surplus-could-mean-higher-food-prices.md) | +2.7% | +1.1% |
| CORN | 2022-05-01 | [Brazil’s Drought: The Trigger that Could Take Corn Prices Higher?](https://feedsoft.ai/events/13731-brazil-s-drought-the-trigger-that-could-take-corn-prices-higher.md) | -8.1% | -2.4% |
| SOY | 2016-04-19 | [South America weather, politics push soybean prices higher \| Farm Progress](https://feedsoft.ai/events/10298-south-america-weather-politics-push-soybean-prices-higher-farm-progress.md) | +4.8% | +11.6% |
| SOY | 2019-05-29 | [How high can grain prices grow \| Saxo](https://feedsoft.ai/events/10898-how-high-can-grain-prices-grow-saxo.md) | +3.0% | +5.5% |
| SOY | 2019-05-21 | [Wet US conditions boost corn wheat prices \| Saxo](https://feedsoft.ai/events/5630-wet-us-conditions-boost-corn-wheat-prices-saxo.md) | +2.9% | +9.8% |

## Sources

- etfdb.com: https://etfdb.com/commodities-content-hub/high-heat-might-push-corn-prices-even-higher/

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