# USDA: Iowa Lost 50% of Corn to Derecho, Drought | Feed & Grain

> USDA raised its estimate of Iowa acres unable to be harvested to 850,000, up from 550,000 in its previous report, after the August derecho and a later drought. The Iowa agriculture secretary expects losses to rise further as harvest progresses.

- Date: 2020-12-01 · published 2020-12-01T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/49486-usda-iowa-lost-50-of-corn-to-derecho-drought-feed-and-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A larger Iowa loss cuts into U.S. corn supply, adding support to corn prices and tightening feed grain availability.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-07-14 | [USDA forecasts lower corn supplies, higher biofuel demand in latest outlook \| Feed & Grain](https://feedsoft.ai/events/23712-usda-forecasts-lower-corn-supplies-higher-biofuel-demand-in-latest-outlook-feed.md) | +0.9% | -1.2% |
| CORN | 2025-01-15 | [Corn production slashed, sorghum rises in latest USDA Feed Outlook \| Feed & Grain](https://feedsoft.ai/events/26568-corn-production-slashed-sorghum-rises-in-latest-usda-feed-outlook-feed-and-grain.md) | +2.0% | +2.6% |
| CORN | 2024-04-16 | [USDA revises corn and sorghum forecasts for 2023/24 \| Feed & Grain](https://feedsoft.ai/events/30811-usda-revises-corn-and-sorghum-forecasts-for-2023-24-feed-and-grain.md) | -0.3% | +3.3% |
| CORN | 2024-12-10 | [USDA forecasts lower US wheat stocks, raises corn exports in latest WASDE report \| Feed & Grain](https://feedsoft.ai/events/26902-usda-forecasts-lower-us-wheat-stocks-raises-corn-exports-in-latest-wasde-report.md) | +1.6% | +2.9% |
| CORN | 2024-06-18 | [US cuts forecast for corn stocks as more grain goes toward ethanol, feed](https://feedsoft.ai/events/29813-us-cuts-forecast-for-corn-stocks-as-more-grain-goes-toward-ethanol-feed.md) | -4.5% | -7.8% |
| SOY | 2021-01-05 | [USDA Reports Record Oilseed Crushing \| Feed & Grain](https://feedsoft.ai/events/49250-usda-reports-record-oilseed-crushing-feed-and-grain.md) | +4.4% | +2.9% |
| SOY | 2021-04-16 | [Soy Crush Up; Short of Record \| Feed & Grain](https://feedsoft.ai/events/47431-soy-crush-up-short-of-record-feed-and-grain.md) | +8.1% | +13.7% |
| SOY | 2020-12-03 | [Markets Unable to Hold Overnight Gains \| Feed & Grain](https://feedsoft.ai/events/49626-markets-unable-to-hold-overnight-gains-feed-and-grain.md) | +0.5% | +14.1% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/home/news/15388892/usda-iowa-lost-50-of-corn-to-derecho-drought

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