# Weather, tight stocks dictate grain markets

> Farm Progress economists say an unsettled weather pattern and the short 2020 US corn crop are tightening corn stocks, possibly to the tightest level since 2012. Dry planting conditions in the northern Corn Belt and freeze damage in Brazil's second crop are adding upward pressure.

- Date: 2021-07-06 · published 2021-07-06T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/46120-weather-tight-stocks-dictate-grain-markets
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tightening US corn stocks and yield doubts in the northern Corn Belt support corn prices, and Brazil's frost losses could lift export demand for US corn.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-10-05 | [Grain Markets Start the Week Higher - ProAg](https://feedsoft.ai/events/11633-grain-markets-start-the-week-higher-proag.md) | +0.6% | +5.8% |
| CORN | 2017-06-09 | [Weather fears bolster grain markets against](https://feedsoft.ai/events/70424-weather-fears-bolster-grain-markets-against.md) | -1.0% | +0.3% |
| CORN | 2019-05-14 | [Weather, China, carryout = grim grain markets - Farm and Dairy](https://feedsoft.ai/events/5737-weather-china-carryout-grim-grain-markets-farm-and-dairy.md) | +7.0% | +11.7% |
| CORN | 2024-02-09 | [Weather market for grains - Brownfield Ag News](https://feedsoft.ai/events/13206-weather-market-for-grains-brownfield-ag-news.md) | -2.2% | +2.9% |
| CORN | 2021-07-29 | [Weather adds uncertainty to global grain markets: Feed market report \| AHDB](https://feedsoft.ai/events/46176-weather-adds-uncertainty-to-global-grain-markets-feed-market-report-ahdb.md) | -0.3% | -0.3% |

## Sources

- farmprogress.com: https://www.farmprogress.com/corn/weather-tight-stocks-dictate-grain-markets

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