# Drought in US Corn Belt reminiscent of both bad and good years

> U.S. corn prices came under pressure in May amid predictions for a record crop. A widespread dry stretch expected over the next two weeks added back some weather premium, with drought already present in parts of the Corn Belt.

- Date: 2023-05-26 · published 2023-05-26T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/5564-drought-in-us-corn-belt-reminiscent-of-both-bad-and-good-years
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Dryness during the pollination-critical window can cut yield expectations and lift corn futures, partly offsetting bearish record-crop projections.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-07-31 | [Drought spreads in US Corn Belt ahead of July's scorching finish](https://feedsoft.ai/events/13260-drought-spreads-in-us-corn-belt-ahead-of-july-s-scorching-finish.md) | -11.7% | -13.2% |
| CORN | 2022-09-26 | [Percent Drought in US Corn, Bean Areas Highest of Season](https://feedsoft.ai/events/13333-percent-drought-in-us-corn-bean-areas-highest-of-season.md) | -1.4% | +2.6% |
| CORN | 2023-05-29 | [Corn, Soybeans and Wheat in the Grips of Drought - AgWeb](https://feedsoft.ai/events/13276-corn-soybeans-and-wheat-in-the-grips-of-drought-agweb.md) | -4.6% | -4.0% |
| CORN | 2022-06-20 | [Hot and dry conditions increasing drought concerns in the Corn Belt](https://feedsoft.ai/events/13353-hot-and-dry-conditions-increasing-drought-concerns-in-the-corn-belt.md) | -3.7% | -11.8% |
| CORN | 2023-06-20 | [Corn, soybean futures up on fears of Corn Belt drought \| Feed Strategy](https://feedsoft.ai/events/9768-corn-soybean-futures-up-on-fears-of-corn-belt-drought-feed-strategy.md) | -1.6% | -13.3% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/drought-us-corn-belt-reminiscent-both-bad-good-years-2023-05-26/

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