# Corn, Sorghum Prices Rally On Crop Uncertainty - Corn South

> Corn and sorghum prices have rallied on weather-related crop problems in the Corn Belt, with per-bushel corn futures up about $1 from late April to early June. A USDA June 28 report put corn acres just under 92 million, below earlier intentions of about 93 million.

- Date: 2019-07-09 · published 2019-07-09T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/58154-corn-sorghum-prices-rally-on-crop-uncertainty-corn-south
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Lower Corn Belt acreage and crop stress tighten feed grain supplies, lifting feed costs for buyers and supporting sorghum as a substitute.

## Read by commodity

- CORN: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-06-28 | [Corn prices rise sharply amidst crop progress and planting uncertainties \| Economic Research Service](https://feedsoft.ai/events/58629-corn-prices-rise-sharply-amidst-crop-progress-and-planting-uncertainties.md) | -2.0% | -4.5% |
| CORN | 2021-05-05 | [Uncertainty on wheat exchanges leads to sharp price spikes](https://feedsoft.ai/events/7706-uncertainty-on-wheat-exchanges-leads-to-sharp-price-spikes.md) | +1.4% | -4.0% |
| CORN | 2019-05-30 | [U.S. grains: Wheat, corn, soy rally on weather woes - Grainews](https://feedsoft.ai/events/9307-u-s-grains-wheat-corn-soy-rally-on-weather-woes-grainews.md) | -0.9% | +6.0% |
| CORN | 2022-08-29 | [Crop Tour Drives Corn Market Rally](https://feedsoft.ai/events/40050-crop-tour-drives-corn-market-rally.md) | +0.5% | -0.0% |
| CORN | 2022-03-01 | [Cost Concerns - Corn South](https://feedsoft.ai/events/42348-cost-concerns-corn-south.md) | +4.7% | +12.1% |

## Sources

- cornsouth.com: https://cornsouth.com/production/corn-sorghum-prices-rally-on-crop-uncertainty/

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