# Excess rainfall mars harvest of large soybean, corn crops | 2018-10-16  | Food Business News

> Heavy rains stalled corn and soybean harvests in the Corn Belt the week of Oct. 8, according to Food Business News. Harvest was behind the soybean average, and the rain may affect crop quality and lead to lower production estimates in November.

- Date: 2018-10-16 · published 2018-10-16T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/62378-excess-rainfall-mars-harvest-of-large-soybean-corn-crops-2018-10-16-food
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Possible downward production revisions and quality losses support corn and soybean prices and could tighten feed supplies.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-01-17 | [Heavy rainfall in Argentina supports soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/11025-heavy-rainfall-in-argentina-supports-soybeans-corn-brownfield-ag-news.md) | +2.6% | +3.6% |
| CORN | 2017-07-14 | [Corn, Soybean Futures Climb After Week of Losses \| Fox Business](https://feedsoft.ai/events/11082-corn-soybean-futures-climb-after-week-of-losses-fox-business.md) | +5.3% | -1.2% |
| CORN | 2023-02-21 | [Corn near 1-week high on Argentina supply woes, soybeans firm - Markets - Business Recorder](https://feedsoft.ai/events/37347-corn-near-1-week-high-on-argentina-supply-woes-soybeans-firm-markets-business.md) | -4.0% | -5.1% |
| CORN | 2023-08-28 | [Soybeans at 1-month high, corn firm as hot, dry weather hits US crops - Markets - Business Recorder](https://feedsoft.ai/events/34585-soybeans-at-1-month-high-corn-firm-as-hot-dry-weather-hits-us-crops-markets.md) | -1.3% | -8.5% |
| CORN | 2024-05-03 | [Soybeans, corn head for weekly gains as floods hit Brazil - Markets - Business Recorder](https://feedsoft.ai/events/10963-soybeans-corn-head-for-weekly-gains-as-floods-hit-brazil-markets-business.md) | -0.7% | +3.5% |
| SOY | 2019-04-01 | [Soybean harvest 2018-2019 – to be forgotten or to learn from it? - Cultivar Magazine](https://feedsoft.ai/events/59422-soybean-harvest-2018-2019-to-be-forgotten-or-to-learn-from-it-cultivar-magazine.md) | +1.7% | -4.2% |
| SOY | 2017-01-17 | [Heavy rainfall in Argentina supports soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/11025-heavy-rainfall-in-argentina-supports-soybeans-corn-brownfield-ag-news.md) | +1.5% | +1.1% |
| SOY | 2017-07-14 | [Corn, Soybean Futures Climb After Week of Losses \| Fox Business](https://feedsoft.ai/events/11082-corn-soybean-futures-climb-after-week-of-losses-fox-business.md) | +4.2% | -4.3% |

## Sources

- foodbusinessnews.net: https://www.foodbusinessnews.net/articles/12704-excess-rainfall-mars-harvest-of-large-soybean-corn-crops

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