# CGB, Agspring connect on marketing agreement | World-grain.com | July 25, 2018 13:47 | World Grain

> Heavy rain has pushed several rivers in Minnesota and Iowa to very high levels, with 8 to 14 inches reported in parts of southwestern and south-central Minnesota over two weeks. The Minnesota River is forecast to reach at least 30 feet, and the Mississippi at St. Paul is in the very high category. Flooding has been reported on farm fields in several counties.

- Date: 2018-07-25 · published 2018-07-25T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/63919-cgb-agspring-connect-on-marketing-agreement-world-grain-com-july-25-2018-13-47
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Field flooding can delay planting and damage crops in parts of the upper Midwest, and high river levels can also disrupt barge traffic. The overall effect on corn and soybean prices depends on how widespread the damage is.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-07-16 | [Food production status quo next two months \| World-grain.com \| July 16, 2018 14:11 \| World Grain](https://feedsoft.ai/events/63940-food-production-status-quo-next-two-months-world-grain-com-july-16-2018-14-11.md) | +4.6% | +9.9% |
| CORN | 2021-12-27 | [Weather will provide more market volatility in the coming year  \| World Grain](https://feedsoft.ai/events/43513-weather-will-provide-more-market-volatility-in-the-coming-year-world-grain.md) | -1.3% | +3.3% |
| CORN | 2022-09-14 | [Keeping an eye on wheat weather \| World Grain](https://feedsoft.ai/events/39520-keeping-an-eye-on-wheat-weather-world-grain.md) | -1.4% | -2.3% |
| CORN | 2017-08-18 | [U.S. Midwest cool temperatures slow crop stress \| World-grain.com \| August 18, 2017 19:19 \| World Grain](https://feedsoft.ai/events/69306-u-s-midwest-cool-temperatures-slow-crop-stress-world-grain-com-august-18-2017.md) | -2.2% | -2.8% |
| CORN | 2017-02-07 | [Markets waiting for certainty on South American summer crop - Grain Central](https://feedsoft.ai/events/72338-markets-waiting-for-certainty-on-south-american-summer-crop-grain-central.md) | +1.9% | +1.6% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/10725-cgb-agspring-connect-on-marketing-agreement

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