# Cost Concerns - Corn South

> Texas A&M grain economist Mark Welch says drought in both hemispheres is raising questions about global yields, and that the Ukraine and Russia conflict threatens trade from regions that supply about 30% of world wheat exports. Southern Plains dryland wheat is in poor shape, while Kansas conditions are better.

- Date: 2022-03-01 · published 2022-03-01T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/42348-cost-concerns-corn-south
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Combined drought and conflict risk to wheat exports supports prices and encourages more planting, while South American dryness is lifting corn and soy. The outlook is supportive for feed grain prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-06-07 | [Corn, soybeans higher on weather concerns - Brownfield Ag News](https://feedsoft.ai/events/70428-corn-soybeans-higher-on-weather-concerns-brownfield-ag-news.md) | -0.9% | +1.9% |
| WHEAT | 2021-04-26 | [Corn futures jump to a 7-year high on supply concerns](https://feedsoft.ai/events/9399-corn-futures-jump-to-a-7-year-high-on-supply-concerns.md) | +3.3% | -0.2% |
| WHEAT | 2026-06-23 | [Dryness Concerns Continue for Section of Northern Corn Belt](https://feedsoft.ai/events/12989-dryness-concerns-continue-for-section-of-northern-corn-belt.md) | -1.3% | +3.1% |
| WHEAT | 2020-08-25 | [U.S. grains: Crop concerns, Chinese buying spark rallies in soy, corn - Grainews](https://feedsoft.ai/events/51652-u-s-grains-crop-concerns-chinese-buying-spark-rallies-in-soy-corn-grainews.md) | -1.9% | +7.6% |
| WHEAT | 2017-07-14 | [Soybeans, corn supported by renewed weather concerns - Brownfield Ag News](https://feedsoft.ai/events/69796-soybeans-corn-supported-by-renewed-weather-concerns-brownfield-ag-news.md) | -0.8% | -1.4% |
| KWHEAT | 2023-05-22 | [DROUGHT CONCERNS RALLY CORN & BEANS — Market Minute](https://feedsoft.ai/events/7838-drought-concerns-rally-corn-and-beans-market-minute.md) | -0.6% | +1.4% |
| KWHEAT | 2018-07-25 | [U.S. grains: Wheat near limit-up on yield concerns - Grainews](https://feedsoft.ai/events/64067-u-s-grains-wheat-near-limit-up-on-yield-concerns-grainews.md) | +9.2% | +4.9% |
| KWHEAT | 2022-10-22 | [Rains threaten South American wheat \| The Western Producer](https://feedsoft.ai/events/13694-rains-threaten-south-american-wheat-the-western-producer.md) | -2.5% | -1.5% |

## Sources

- cornsouth.com: https://cornsouth.com/2022/cost-concerns/

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