# Drought Expands in Iowa, Stressing Crops- as Soybean and Corn Prices Tumble | Farm Policy News | Illinois

> Farm Policy News reports that drought covering 75% of Iowa is stressing corn and soybeans, with about 40% of the state in severe drought. Iowa averaged 2.4 inches of June rain through June 17 against a historical average of 5.02 inches, making it one of the driest Junes in 129 years of records. Temperatures reached 100 degrees in parts of the state.

- Date: 2021-06-18 · published 2021-06-18T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/46422-drought-expands-in-iowa-stressing-crops-as-soybean-and-corn-prices-tumble-farm
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Iowa is the top corn-producing state, so a severe and widespread drought there threatens yields and supports corn and soybean prices, even though prices fell that week.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-05-07 | [Iowa farmers wary as drought deepens even with corn, soybean prices up](https://feedsoft.ai/events/46944-iowa-farmers-wary-as-drought-deepens-even-with-corn-soybean-prices-up.md) | -3.0% | -7.4% |
| CORN | 2020-09-16 | [China: Corn Crop Impacted by Adverse Weather, as U.S. Wheat and Soybean Exports Increase - Farm Policy News](https://feedsoft.ai/events/9341-china-corn-crop-impacted-by-adverse-weather-as-u-s-wheat-and-soybean-exports.md) | +1.1% | +4.7% |
| CORN | 2024-06-21 | [Stress and the 2024 corn and soybean crops - farmdoc](https://feedsoft.ai/events/13176-stress-and-the-2024-corn-and-soybean-crops-farmdoc.md) | -5.5% | -8.4% |
| CORN | 2026-04-29 | [Crop Price Index Hits Highest Since November 2023 \| Farm Policy News \| Illinois](https://feedsoft.ai/events/19748-crop-price-index-hits-highest-since-november-2023-farm-policy-news-illinois.md) | +0.2% | +0.3% |
| CORN | 2022-04-25 | [Corn, soybean planting in Illinois delayed by cold temperatures and rain](https://feedsoft.ai/events/13373-corn-soybean-planting-in-illinois-delayed-by-cold-temperatures-and-rain.md) | +0.4% | -2.0% |
| SOY | 2021-05-07 | [Iowa farmers wary as drought deepens even with corn, soybean prices up](https://feedsoft.ai/events/46944-iowa-farmers-wary-as-drought-deepens-even-with-corn-soybean-prices-up.md) | +0.4% | -1.4% |
| SOY | 2024-06-21 | [Stress and the 2024 corn and soybean crops - farmdoc](https://feedsoft.ai/events/13176-stress-and-the-2024-corn-and-soybean-crops-farmdoc.md) | -0.3% | -5.0% |
| SOY | 2022-11-25 | [Argentine drought, having cut corn, wheat crop hopes, takes aim at soybeans too - Grain Price News](https://feedsoft.ai/events/13998-argentine-drought-having-cut-corn-wheat-crop-hopes-takes-aim-at-soybeans-too.md) | -0.4% | +2.2% |

## Sources

- farmpolicynews.illinois.edu: https://farmpolicynews.illinois.edu/2021/06/drought-expands-in-iowa-stressing-crops-as-soybean-and-corn-prices-tumble/

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