# Corn futures hit three-year high after rains prolong planting delays

> Corn futures hit a three-year high as rains prolonged planting delays in the Midwest and Plains. Soybean and wheat markets also rallied on concerns that farmers would cut plantings and that flooding damaged wheat quality.

- Date: 2019-05-28 · published 2019-05-28T12:00:00.000Z
- Category: weather · region US · magnitude high
- Page: https://feedsoft.ai/events/5438-corn-futures-hit-three-year-high-after-rains-prolong-planting-delays
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Reduced planted area and flood damage tighten feed grain supplies, pushing feed grain and meal costs higher for buyers.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-01-29 | [U.S. grains: Corn futures hit over one-year high on Argentine weather worries - AgCanada](https://feedsoft.ai/events/6889-u-s-grains-corn-futures-hit-over-one-year-high-on-argentine-weather-worries.md) | +1.0% | -1.0% |
| CORN | 2019-06-03 | [Delayed corn planting hits feeder cattle](https://feedsoft.ai/events/11381-delayed-corn-planting-hits-feeder-cattle.md) | -1.9% | +1.4% |
| CORN | 2019-05-15 | [Corn At Seven Week High On US Planting Delays \| Checkout](https://feedsoft.ai/events/6668-corn-at-seven-week-high-on-us-planting-delays-checkout.md) | +5.5% | +11.1% |
| CORN | 2021-04-26 | [Corn futures jump to a 7-year high on supply concerns](https://feedsoft.ai/events/9399-corn-futures-jump-to-a-7-year-high-on-supply-concerns.md) | +13.6% | +6.9% |
| CORN | 2022-04-25 | [Corn, soybean planting in Illinois delayed by cold temperatures and rain](https://feedsoft.ai/events/13373-corn-soybean-planting-in-illinois-delayed-by-cold-temperatures-and-rain.md) | +0.4% | -2.0% |
| SOY | 2019-05-15 | [Corn At Seven Week High On US Planting Delays \| Checkout](https://feedsoft.ai/events/6668-corn-at-seven-week-high-on-us-planting-delays-checkout.md) | +0.5% | +7.4% |
| SOY | 2021-04-26 | [Corn futures jump to a 7-year high on supply concerns](https://feedsoft.ai/events/9399-corn-futures-jump-to-a-7-year-high-on-supply-concerns.md) | +2.0% | -0.9% |
| SOY | 2022-04-25 | [Corn, soybean planting in Illinois delayed by cold temperatures and rain](https://feedsoft.ai/events/13373-corn-soybean-planting-in-illinois-delayed-by-cold-temperatures-and-rain.md) | -0.5% | -0.6% |

## Sources

- reuters.com: https://www.reuters.com/article/global-grains-idUSL2N23410L/

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