# US corn belt storms set to hike maize prices | Analysis & Features | The Grocer

> Maize prices surged in May after heavy rain and flooding across the US Corn Belt delayed planting. USDA data showed US corn planting 49% complete versus 78% last year and an 80% five-year average, and new-crop Chicago futures rose over $10/t in a week. Argentina's maize area also fell 5% on flooding in the north.

- Date: 2019-05-24 · published 2019-05-24T12:00:00.000Z
- Category: weather · region US · magnitude high
- Page: https://feedsoft.ai/events/59123-us-corn-belt-storms-set-to-hike-maize-prices-analysis-and-features-the-grocer
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

A reduced US crop and lost planted area tighten global corn supplies, lifting feed grain costs for buyers. Argentina's flood-related area cut adds upward pressure, though its area remains well above average.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-08-30 | [ANALYSIS: Corn buyers unlikely to get reprieve from higher prices in 2021-22 \| S&P Global](https://feedsoft.ai/events/45596-analysis-corn-buyers-unlikely-to-get-reprieve-from-higher-prices-in-2021-22-s.md) | -6.1% | -11.6% |
| CORN | 2019-06-03 | [Chart Analysis: US Cash Grain Prices](https://feedsoft.ai/events/8681-chart-analysis-us-cash-grain-prices.md) | -1.9% | +1.4% |
| CORN | 2019-07-08 | [Higher corn futures cause feeder calf prices to dip](https://feedsoft.ai/events/58230-higher-corn-futures-cause-feeder-calf-prices-to-dip.md) | +2.0% | -3.2% |
| CORN | 2022-06-27 | [Hot and Dry Weather Tees Up a Tense July in the US Corn Belt](https://feedsoft.ai/events/13352-hot-and-dry-weather-tees-up-a-tense-july-in-the-us-corn-belt.md) | +1.8% | -12.0% |
| CORN | 2025-03-25 | [Global corn stocks low and falling - prices to rise](https://feedsoft.ai/events/25595-global-corn-stocks-low-and-falling-prices-to-rise.md) | -1.5% | +3.1% |

## Sources

- thegrocer.co.uk: https://www.thegrocer.co.uk/analysis-and-features/us-corn-belt-storms-set-to-hike-maize-prices/593683.article

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