# Crop yields reveal impact of drought, derecho in parts of I states | Crop Conditions | farmweeknow.com

> FarmWeek reports that USDA cut its corn and soybean production estimates for a second straight month. Drought and the August 10 derecho in Iowa, Illinois and Indiana are expected to reduce yields further as harvest reveals the damage.

- Date: 2020-10-16 · published 2020-10-16T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/50493-crop-yields-reveal-impact-of-drought-derecho-in-parts-of-i-states-crop
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Expectations of further yield cuts in the Corn Belt support corn and soybean prices and feed meal values through the marketing year.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-08-19 | [Derecho, drought impacts on Iowa corn crop seen in crop tour](https://feedsoft.ai/events/51451-derecho-drought-impacts-on-iowa-corn-crop-seen-in-crop-tour.md) | +2.3% | +8.3% |
| CORN | 2026-05-01 | [Flash droughts reduce national-scale crop yields in the United States](https://feedsoft.ai/events/13000-flash-droughts-reduce-national-scale-crop-yields-in-the-united-states.md) | -1.4% | +0.1% |
| CORN | 2025-02-13 | [Drought conditions intensify across US, threatening crop yields \| Feed & Grain](https://feedsoft.ai/events/13112-drought-conditions-intensify-across-us-threatening-crop-yields-feed-and-grain.md) | +1.7% | -6.8% |
| CORN | 2021-03-05 | [USA: drought conditions persist in many top corn growing states](https://feedsoft.ai/events/47956-usa-drought-conditions-persist-in-many-top-corn-growing-states.md) | +5.1% | +7.2% |
| CORN | 2023-06-29 | [ISA Experts Weigh In On The State Of Crop Conditions](https://feedsoft.ai/events/13274-isa-experts-weigh-in-on-the-state-of-crop-conditions.md) | -2.5% | +2.0% |
| SOY | 2026-05-01 | [Flash droughts reduce national-scale crop yields in the United States](https://feedsoft.ai/events/13000-flash-droughts-reduce-national-scale-crop-yields-in-the-united-states.md) | -0.4% | +0.4% |
| SOY | 2025-02-13 | [Drought conditions intensify across US, threatening crop yields \| Feed & Grain](https://feedsoft.ai/events/13112-drought-conditions-intensify-across-us-threatening-crop-yields-feed-and-grain.md) | +1.7% | -3.0% |
| SOY | 2018-12-26 | [Brazil soy yields impacted by drought in key state, farmers say](https://feedsoft.ai/events/61418-brazil-soy-yields-impacted-by-drought-in-key-state-farmers-say.md) | +1.2% | +3.6% |

## Sources

- farmweeknow.com: https://www.farmweeknow.com/crop_conditions/crop-yields-reveal-impact-of-drought-derecho-in-parts-of-i-states/article_b9a72e2a-0e87-11eb-ae23-07c6a08b0b38.html

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