# Maize market awaits direction from South America - Analysis Grain maize | Boerenbusiness. Nl

> Market commentary says maize prices are moving sideways on the CBOT as the North American harvest completes and focus shifts to dry conditions in Argentina and Brazil. European harvest delays and high gas drying costs are also noted, along with a record Chinese harvest.

- Date: 2021-12-06 · published 2021-12-06T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/43621-maize-market-awaits-direction-from-south-america-analysis-grain-maize
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Dryness in South America could tighten export supplies and support corn prices, while ethanol demand provides a floor in the US.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-02-11 | [Soybeans set for 4th weekly gain on South American crop woes - Markets - Business Recorder](https://feedsoft.ai/events/42735-soybeans-set-for-4th-weekly-gain-on-south-american-crop-woes-markets-business.md) | +0.7% | +14.4% |
| CORN | 2020-05-01 | [South America Hits Dryness Bump](https://feedsoft.ai/events/52958-south-america-hits-dryness-bump.md) | +1.3% | +2.2% |
| CORN | 2021-05-05 | [?Perfect storm? for grain futures, market analyst says \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/11305-perfect-storm-for-grain-futures-market-analyst-says-iowa-agribusiness-radio.md) | +1.4% | -4.0% |
| CORN | 2021-08-24 | [Dry weather risk for 2021/22 South American crops: Grain market daily \| AHDB](https://feedsoft.ai/events/45430-dry-weather-risk-for-2021-22-south-american-crops-grain-market-daily-ahdb.md) | -0.4% | -10.1% |
| CORN | 2025-09-01 | [South America may trend slightly drier \| World Grain](https://feedsoft.ai/events/22793-south-america-may-trend-slightly-drier-world-grain.md) | +0.3% | +5.0% |
| SOY | 2021-02-04 | [Argentina's corn and soy crops pull away from stricken 2018 harvest - Markets - Business Recorder](https://feedsoft.ai/events/48461-argentina-s-corn-and-soy-crops-pull-away-from-stricken-2018-harvest-markets.md) | -1.3% | +3.2% |
| SOY | 2025-02-18 | [Wheat eases from 4-month highs, soybean flat - Markets - Business Recorder](https://feedsoft.ai/events/26078-wheat-eases-from-4-month-highs-soybean-flat-markets-business-recorder.md) | -0.7% | -2.0% |
| SOY | 2024-10-16 | [Corn and soybeans regain a little ground after sell-off - Markets - Business Recorder](https://feedsoft.ai/events/27881-corn-and-soybeans-regain-a-little-ground-after-sell-off-markets-business.md) | +0.1% | +1.3% |

## Sources

- en.boerenbusiness.nl: https://en.boerenbusiness.nl/artikel/10895574/ma-smarkt-wacht-op-richting-uit-zuid-amerika

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