# Chicago corn hits 2-week high on U.S. crop concerns - Agweek | #1 source for agriculture news, farming, markets

> Chicago corn touched a two-week high on forecasts of hot, dry Midwest weather, with the most-active contract up about 2% to $3.77 a bushel. USDA's monthly report showed U.S. corn supplies tightening more than expected due to rising exports.

- Date: 2016-07-14 · published 2016-07-14T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/4939-chicago-corn-hits-2-week-high-on-u-s-crop-concerns-agweek-1-source-for
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Heat risk during pollination and the tighter USDA balance sheet support corn and soybean prices, which raises feed ingredient costs.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2016-06-06 | [Soybeans rise on U.S. weather view; wheat, corn firm - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/9123-soybeans-rise-on-u-s-weather-view-wheat-corn-firm-agweek-1-source-for.md) | +2.7% | -7.0% |
| CORN | 2026-07-25 | [Heat wave hits crops during crucial growing period - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/12982-heat-wave-hits-crops-during-crucial-growing-period-agweek-1-source-for.md) | -4.8% | +0.5% |
| CORN | 2019-05-19 | [Markets finally respond to wet weather - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/5629-markets-finally-respond-to-wet-weather-agweek-1-source-for-agriculture-news.md) | +3.2% | +10.8% |
| CORN | 2022-01-21 | [The market rally after the reports - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/10893-the-market-rally-after-the-reports-agweek-1-source-for-agriculture-news-farming.md) | +1.4% | +6.9% |
| CORN | 2016-04-18 | [Soy hits eight-month high as rains disrupt Argentina's harvest - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/8549-soy-hits-eight-month-high-as-rains-disrupt-argentina-s-harvest-agweek-1-source.md) | -0.1% | +3.7% |
| SOY | 2016-06-06 | [Soybeans rise on U.S. weather view; wheat, corn firm - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/9123-soybeans-rise-on-u-s-weather-view-wheat-corn-firm-agweek-1-source-for.md) | +4.1% | +3.2% |
| SOY | 2026-07-25 | [Heat wave hits crops during crucial growing period - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/12982-heat-wave-hits-crops-during-crucial-growing-period-agweek-1-source-for.md) | -6.1% | -1.8% |
| SOY | 2019-05-19 | [Markets finally respond to wet weather - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/5629-markets-finally-respond-to-wet-weather-agweek-1-source-for-agriculture-news.md) | +1.0% | +11.1% |

## Sources

- agweek.com: https://www.agweek.com/business/chicago-corn-hits-2-week-high-on-u-s-crop-concerns

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