# Crop Prices Climb on Worries Over Size, Quality of Harvest

> Crop prices climbed after mid-May inclement weather left farmers well behind on planting and raised fears that some farmland would go unsown. The rally continued as the gap versus typical planting progress widened.

- Date: 2019-05-30 · published 2019-05-30T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/59121-crop-prices-climb-on-worries-over-size-quality-of-harvest
- 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

Late and reduced planting threatens corn and soybean output, supporting prices for feed grains and the meals made from them. Buyers should expect firmer feed costs while planting uncertainty persists.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-05-04 | [Corn hits 3-month high; soy, wheat climb on global crop weather woes](https://feedsoft.ai/events/6453-corn-hits-3-month-high-soy-wheat-climb-on-global-crop-weather-woes.md) | +1.8% | +3.9% |
| CORN | 2019-07-09 | [Corn, Sorghum Prices Rally On Crop Uncertainty - Corn South](https://feedsoft.ai/events/58154-corn-sorghum-prices-rally-on-crop-uncertainty-corn-south.md) | +0.3% | -6.7% |
| CORN | 2023-06-23 | [US Corn Crop Withers to Worst Conditions Since 1992, Driving Prices Higher](https://feedsoft.ai/events/9765-us-corn-crop-withers-to-worst-conditions-since-1992-driving-prices-higher.md) | -8.6% | -15.1% |
| CORN | 2022-08-26 | [No Shortage of Problems Pointing to Higher Crop Prices Ahead](https://feedsoft.ai/events/40064-no-shortage-of-problems-pointing-to-higher-crop-prices-ahead.md) | +0.5% | +2.0% |
| CORN | 2019-01-27 | ['Next harvest could be a different story than this year on prices' - Agriland.ie](https://feedsoft.ai/events/61034-next-harvest-could-be-a-different-story-than-this-year-on-prices-agriland-ie.md) | +0.7% | +0.8% |
| SOY | 2023-08-04 | [Quality worries in Europe as rain stalls harvest: Grain market daily \| AHDB](https://feedsoft.ai/events/34521-quality-worries-in-europe-as-rain-stalls-harvest-grain-market-daily-ahdb.md) | -1.2% | -4.8% |
| SOY | 2024-05-04 | [Corn hits 3-month high; soy, wheat climb on global crop weather woes](https://feedsoft.ai/events/6453-corn-hits-3-month-high-soy-wheat-climb-on-global-crop-weather-woes.md) | +0.3% | -1.4% |
| SOY | 2023-06-23 | [US Corn Crop Withers to Worst Conditions Since 1992, Driving Prices Higher](https://feedsoft.ai/events/9765-us-corn-crop-withers-to-worst-conditions-since-1992-driving-prices-higher.md) | -1.2% | +0.0% |

## Sources

- wsj.com: https://www.wsj.com/articles/corn-prices-climb-on-worries-over-size-quality-of-harvest-11559208600?mod=searchresults&page=1&pos=2

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