# Will the United States produce a bumper crop? | 2020-07-29  | World Grain

> World Grain analyst Drew Lerner wrote that U.S. summer weather was nearly ideal in June, which could produce a large corn and soybean crop. He said the crop is approaching a turning point where weather will matter more, and that a drier pattern is developing for the Corn Belt. He noted that the tropics will largely determine how dry the Midwest becomes.

- Date: 2020-07-29 · published 2020-07-29T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/51959-will-the-united-states-produce-a-bumper-crop-2020-07-29-world-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A drier outlook adds some weather risk premium, but historical yields suggest a moderate dry spell may not cut production much. Prices are likely to stay sensitive to the forecast.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-08-18 | [U.S. Midwest cool temperatures slow crop stress \| World-grain.com \| August 18, 2017 19:19 \| World Grain](https://feedsoft.ai/events/69306-u-s-midwest-cool-temperatures-slow-crop-stress-world-grain-com-august-18-2017.md) | -2.2% | -2.8% |
| CORN | 2021-03-12 | [US summer dryness in 2021 favors north central states  \| World Grain](https://feedsoft.ai/events/47958-us-summer-dryness-in-2021-favors-north-central-states-world-grain.md) | -9.6% | +2.3% |
| CORN | 2021-12-27 | [Weather will provide more market volatility in the coming year  \| World Grain](https://feedsoft.ai/events/43513-weather-will-provide-more-market-volatility-in-the-coming-year-world-grain.md) | -1.3% | +3.3% |
| CORN | 2026-01-22 | [Will El Niño be slow to develop? \| World Grain](https://feedsoft.ai/events/20953-will-el-nino-be-slow-to-develop-world-grain.md) | +1.9% | +1.2% |
| CORN | 2018-07-16 | [Food production status quo next two months \| World-grain.com \| July 16, 2018 14:11 \| World Grain](https://feedsoft.ai/events/63940-food-production-status-quo-next-two-months-world-grain-com-july-16-2018-14-11.md) | +4.6% | +9.9% |
| SOY | 2017-08-18 | [U.S. Midwest cool temperatures slow crop stress \| World-grain.com \| August 18, 2017 19:19 \| World Grain](https://feedsoft.ai/events/69306-u-s-midwest-cool-temperatures-slow-crop-stress-world-grain-com-august-18-2017.md) | +1.2% | +4.1% |
| SOY | 2021-12-27 | [Weather will provide more market volatility in the coming year  \| World Grain](https://feedsoft.ai/events/43513-weather-will-provide-more-market-volatility-in-the-coming-year-world-grain.md) | -0.2% | +5.3% |
| SOY | 2026-01-22 | [Will El Niño be slow to develop? \| World Grain](https://feedsoft.ai/events/20953-will-el-nino-be-slow-to-develop-world-grain.md) | +1.0% | +7.2% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/14024-will-the-united-states-produce-a-bumper-crop

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