# Potential for Drought Can Impact Prices and Marketing Plans | NDSU Agriculture

> NDSU notes that North Dakota, most of South Dakota and northwest Minnesota have drought conditions, with tight 2020-21 ending stocks putting extra focus on weather. The article explains that Drought Monitor categories D0 to D4 reflect soil depth, and that drought does not always cut yields if rains are well timed. It also warns that localized drought can complicate farm marketing plans.

- Date: 2021-06-08 · published 2021-06-08T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/46421-potential-for-drought-can-impact-prices-and-marketing-plans-ndsu-agriculture
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Tight ending stocks mean drought in the northern Plains could move corn and soybean prices if yields fall, but the impact depends on timing of rain during flowering and seed development.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-06-05 | [Droughts and flooding rains impact market \| The Land \| NSW](https://feedsoft.ai/events/8686-droughts-and-flooding-rains-impact-market-the-land-nsw.md) | +0.9% | -0.2% |
| CORN | 2023-10-13 | [Drought affects crop marketing for producers - Brownfield Ag News](https://feedsoft.ai/events/33731-drought-affects-crop-marketing-for-producers-brownfield-ag-news.md) | +0.2% | -3.5% |
| CORN | 2025-01-22 | [CBOT corn and soybean prices surge amid drought in Argentina – ProAgri Media](https://feedsoft.ai/events/11810-cbot-corn-and-soybean-prices-surge-amid-drought-in-argentina-proagri-media.md) | -0.8% | +3.8% |
| CORN | 2025-06-23 | [Escalating drought threatens Europe's ecosystems and agriculture - Joint Research Centre](https://feedsoft.ai/events/24141-escalating-drought-threatens-europe-s-ecosystems-and-agriculture-joint-research.md) | -1.5% | -3.7% |
| CORN | 2022-09-27 | [La Niña to Impact Global Agriculture for 3rd Straight Winter \| Feed & Grain](https://feedsoft.ai/events/39500-la-nina-to-impact-global-agriculture-for-3rd-straight-winter-feed-and-grain.md) | +1.8% | +4.0% |
| SOY | 2025-01-16 | [EU soybean meal prices rise as Argentina's drought impacts production](https://feedsoft.ai/events/26587-eu-soybean-meal-prices-rise-as-argentina-s-drought-impacts-production.md) | +2.2% | -1.2% |
| SOY | 2025-01-22 | [CBOT corn and soybean prices surge amid drought in Argentina – ProAgri Media](https://feedsoft.ai/events/11810-cbot-corn-and-soybean-prices-surge-amid-drought-in-argentina-proagri-media.md) | -2.1% | -3.3% |
| SOY | 2022-09-27 | [La Niña to Impact Global Agriculture for 3rd Straight Winter \| Feed & Grain](https://feedsoft.ai/events/39500-la-nina-to-impact-global-agriculture-for-3rd-straight-winter-feed-and-grain.md) | -2.6% | -2.8% |

## Sources

- ndsu.edu: https://www.ndsu.edu/agriculture/ag-hub/ag-topics/disasters/drought/crops/potential-drought-can-impact-prices-and-marketing-plans

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