# Drier Weather Aids U.S. Harvests; Rains Boost South American Crops – Lakeview Grains, LLC

> Drier weather in the US Midwest allowed corn and soybean harvesting to advance, while showers were concentrated in the southeastern Plains and northern Delta. Rains in South America were also reported, and remnants of Hurricane Willa were forecast to bring disruptions to Texas and the East later in the week.

- Date: 2018-10-23 · published 2018-10-23T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/62374-drier-weather-aids-u-s-harvests-rains-boost-south-american-crops-lakeview
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Faster US harvest progress increases near-term supply availability, modestly bearish for corn and soybeans; rain-related harvest delays would offset this if they persist.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-09-11 | [U.S. grains: Soybeans, corn ease on crop-boosting weather - AgCanada](https://feedsoft.ai/events/9148-u-s-grains-soybeans-corn-ease-on-crop-boosting-weather-agcanada.md) | +4.2% | +9.2% |
| CORN | 2017-02-09 | [South American Crop still big despite weather \| World-grain.com \| February 09, 2017 20:24 \| World Grain](https://feedsoft.ai/events/72422-south-american-crop-still-big-despite-weather-world-grain-com-february-09-2017.md) | +1.2% | -0.8% |
| CORN | 2016-12-08 | [Good Weather and Crop Outlook in South America \| Hoosier Ag Today](https://feedsoft.ai/events/73326-good-weather-and-crop-outlook-in-south-america-hoosier-ag-today.md) | +0.9% | +0.3% |
| CORN | 2016-06-23 | [Corn drops for 4th day as rains boost U.S. crop outlook](https://feedsoft.ai/events/9744-corn-drops-for-4th-day-as-rains-boost-u-s-crop-outlook.md) | -3.5% | -5.7% |
| CORN | 2024-01-29 | [U.S. grains: Soy hits 2-yr lows on South American crop prospects, demand worries - Manitoba Co-operator](https://feedsoft.ai/events/6842-u-s-grains-soy-hits-2-yr-lows-on-south-american-crop-prospects-demand-worries.md) | -0.7% | -7.2% |
| SOY | 2021-10-21 | [U.S. grains: Soy down on South American weather, technical pressure - AgCanada](https://feedsoft.ai/events/44600-u-s-grains-soy-down-on-south-american-weather-technical-pressure-agcanada.md) | -0.5% | +2.5% |
| SOY | 2019-09-11 | [U.S. grains: Soybeans, corn ease on crop-boosting weather - AgCanada](https://feedsoft.ai/events/9148-u-s-grains-soybeans-corn-ease-on-crop-boosting-weather-agcanada.md) | +4.0% | +7.1% |
| SOY | 2017-01-03 | [U.S. grains: Soy hits six-week low on South American prospects - Grainews](https://feedsoft.ai/events/73024-u-s-grains-soy-hits-six-week-low-on-south-american-prospects-grainews.md) | 0.0% | +2.8% |

## Sources

- lakeviewgrainsllc.com: https://www.lakeviewgrainsllc.com/drier-weather-aids-u-s-harvests-rains-boost-south-american-crops/

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