# Climate Change an Economic Risk

> The National Climate Assessment, released in late November, projects that yields for corn, soybeans, wheat, rice, sorghum and cotton will decline later this century due to higher temperatures, water changes and pests. Some northern regions could see short-term productivity gains.

- Date: 2018-11-26 · published 2018-11-26T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/61896-climate-change-an-economic-risk
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Long-term yield declines are a structural concern for feed grain supply, but the projections affect decades ahead and do not move near-term prices.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-12-01 | [Wetter springs, hotter summers: Climate change threatens Iowa farm economy](https://feedsoft.ai/events/61897-wetter-springs-hotter-summers-climate-change-threatens-iowa-farm-economy.md) | +6.8% | +8.4% |
| CORN | 2019-07-12 | [Climate change surprise: It is helping grow more corn and soybeans in the Upper Midwest](https://feedsoft.ai/events/57925-climate-change-surprise-it-is-helping-grow-more-corn-and-soybeans-in-the-upper.md) | -3.2% | -7.0% |
| CORN | 2017-02-15 | [Economists Highlight Struggling Farm Economy, Seek Safety Net Changes](https://feedsoft.ai/events/72474-economists-highlight-struggling-farm-economy-seek-safety-net-changes.md) | +0.1% | -2.4% |
| CORN | 2019-12-17 | [Economics, Expectations and Exports \| Ethanol Producer Magazine](https://feedsoft.ai/events/55576-economics-expectations-and-exports-ethanol-producer-magazine.md) | +0.4% | +0.3% |
| CORN | 2023-08-28 | [2022/23 Brazil Corn Estimate Unchanged at 133.0 Million Tons](https://feedsoft.ai/events/13629-2022-23-brazil-corn-estimate-unchanged-at-133-0-million-tons.md) | -1.3% | -8.5% |
| SOY | 2018-12-01 | [Wetter springs, hotter summers: Climate change threatens Iowa farm economy](https://feedsoft.ai/events/61897-wetter-springs-hotter-summers-climate-change-threatens-iowa-farm-economy.md) | +1.7% | +0.0% |
| SOY | 2019-07-12 | [Climate change surprise: It is helping grow more corn and soybeans in the Upper Midwest](https://feedsoft.ai/events/57925-climate-change-surprise-it-is-helping-grow-more-corn-and-soybeans-in-the-upper.md) | -1.7% | -3.5% |
| SOY | 2017-02-15 | [Economists Highlight Struggling Farm Economy, Seek Safety Net Changes](https://feedsoft.ai/events/72474-economists-highlight-struggling-farm-economy-seek-safety-net-changes.md) | -2.1% | -4.5% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2018/11/26/regions-vary-major-crops-poised

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