# US corn outlook 'very concerning' as drought adds to planting woe - Fastmarkets

> US corn futures have hit multi-year highs on strong Chinese buying and expectations of a large export slate. Analysts cite drought in western and northern Plains states and a smaller-than-expected planted area as added risks to the record yield the USDA is modeling for 2021/22.

- Date: 2021-04-12 · published 2021-04-12T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/47434-us-corn-outlook-very-concerning-as-drought-adds-to-planting-woe-fastmarkets
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Drought-linked yield risk and a possible planting shortfall tighten the corn balance sheet, supporting feed corn prices and raising costs for feed buyers.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-04-28 | [Mexico's 2020/21 corn outlook endangered by drought fears: GCMA - Fastmarkets](https://feedsoft.ai/events/47591-mexico-s-2020-21-corn-outlook-endangered-by-drought-fears-gcma-fastmarkets.md) | +4.4% | -7.3% |
| CORN | 2017-05-01 | [U.S. Corn Futures Review & Outlook: Planting Progress Update - See It Market](https://feedsoft.ai/events/10484-u-s-corn-futures-review-and-outlook-planting-progress-update-see-it-market.md) | +1.1% | +4.2% |
| CORN | 2021-04-13 | [Drought in Plains a Concern for U.S. Corn and Soy Crops](https://feedsoft.ai/events/47437-drought-in-plains-a-concern-for-u-s-corn-and-soy-crops.md) | +1.5% | +23.9% |
| CORN | 2021-05-04 | [Corn Climbs Toward $7 as Brazil Drought Adds to Supply Woes - Bloomberg](https://feedsoft.ai/events/47114-corn-climbs-toward-7-as-brazil-drought-adds-to-supply-woes-bloomberg.md) | +1.5% | -5.8% |
| CORN | 2025-05-01 | [These 5 Top Corn-Growing States Report Extreme Drought, or Worse, as Planting Kicks Off](https://feedsoft.ai/events/13099-these-5-top-corn-growing-states-report-extreme-drought-or-worse-as-planting.md) | -3.8% | -1.4% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/us-corn-outlook-very-concerning-as-drought-adds-to-planting-woe/

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