# Grain Traders Monitoring Rainfall Across Corn Belt | Red River Farm Network

> Cornbelt Marketing analyst Sam Hudson said grain traders are watching weekend rain forecasts closely. He said the western Corn Belt needs more than a quarter inch of rain after hot, windy weather, and central Illinois may be the area to watch for crop stress heading into July.

- Date: 2020-06-19 · published 2020-06-19T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/52460-grain-traders-monitoring-rainfall-across-corn-belt-red-river-farm-network
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Uncertain rainfall in key corn areas keeps a weather premium in feed grain prices until the rain verifies.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-05-31 | [The Start of a Corn Market Rally \| Red River Farm Network](https://feedsoft.ai/events/59125-the-start-of-a-corn-market-rally-red-river-farm-network.md) | -2.5% | +3.0% |
| CORN | 2021-09-25 | [Grain Traders Keep an Eye on La Nina’s Impact on Global Production \| Red River Farm Network](https://feedsoft.ai/events/44993-grain-traders-keep-an-eye-on-la-nina-s-impact-on-global-production-red-river.md) | +1.5% | +1.7% |
| CORN | 2019-12-26 | [Brazil Corn and Soybeans Developing Nicely \| Red River Farm Network](https://feedsoft.ai/events/55420-brazil-corn-and-soybeans-developing-nicely-red-river-farm-network.md) | +0.6% | +1.6% |
| CORN | 2022-07-31 | [It’s a Late Crop \| Red River Farm Network](https://feedsoft.ai/events/40513-it-s-a-late-crop-red-river-farm-network.md) | +3.1% | +4.2% |
| CORN | 2021-12-16 | [Cordonnier: A Split Decision \| Red River Farm Network](https://feedsoft.ai/events/13760-cordonnier-a-split-decision-red-river-farm-network.md) | -2.7% | +0.4% |
| SOY | 2021-09-25 | [Grain Traders Keep an Eye on La Nina’s Impact on Global Production \| Red River Farm Network](https://feedsoft.ai/events/44993-grain-traders-keep-an-eye-on-la-nina-s-impact-on-global-production-red-river.md) | -3.0% | -5.0% |
| SOY | 2022-07-31 | [It’s a Late Crop \| Red River Farm Network](https://feedsoft.ai/events/40513-it-s-a-late-crop-red-river-farm-network.md) | -1.4% | -1.9% |
| SOY | 2022-01-26 | [Growing Concerns About the South American Crop \| Red River Farm Network](https://feedsoft.ai/events/43185-growing-concerns-about-the-south-american-crop-red-river-farm-network.md) | +8.6% | +19.0% |

## Sources

- rrfn.com: https://www.rrfn.com/2020/06/19/grain-traders-monitoring-rainfall-across-corn-belt/

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