# Showers soak much of U.S. Corn Belt; more storms next week

> Rains soaked parts of South Dakota, Minnesota and Iowa during the week, and more storms were forecast before a warm-up with highs in the low 90s F. Forecasters called the wet, warm outlook generally favorable for corn and soybeans despite local flooding. CBOT soybean futures fell to a 9.5-year low that week on favorable weather and trade war fears.

- Date: 2018-06-22 · published 2018-06-22T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/64382-showers-soak-much-of-u-s-corn-belt-more-storms-next-week
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Favorable moisture and forecast crop prospects weigh on corn and soybean futures, lowering feed grain and meal costs, although localized flooding adds some replant risk.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-06-11 | [Rain in much of Midwest sends soybeans, corn lower - Brownfield Ag News](https://feedsoft.ai/events/8247-rain-in-much-of-midwest-sends-soybeans-corn-lower-brownfield-ag-news.md) | -3.5% | -5.6% |
| CORN | 2019-01-30 | [Will 2019 Bring More Record U.S. Corn Yields?](https://feedsoft.ai/events/60956-will-2019-bring-more-record-u-s-corn-yields.md) | +0.2% | -0.3% |
| CORN | 2022-08-16 | [Soybeans, corn see more weather pressure - Brownfield Ag News](https://feedsoft.ai/events/6531-soybeans-corn-see-more-weather-pressure-brownfield-ag-news.md) | -3.7% | +2.5% |
| CORN | 2026-05-14 | [2026 Corn Belt summer weather forecast \| The More You Grow \| Corteva Agriscience](https://feedsoft.ai/events/12997-2026-corn-belt-summer-weather-forecast-the-more-you-grow-corteva-agriscience.md) | -0.4% | -7.9% |
| CORN | 2023-02-20 | [Corn Belt Weather Outlook for Spring Planting \| The More You Grow \| Corteva Agriscience](https://feedsoft.ai/events/13297-corn-belt-weather-outlook-for-spring-planting-the-more-you-grow-corteva.md) | -2.6% | -4.3% |
| SOY | 2018-06-11 | [Rain in much of Midwest sends soybeans, corn lower - Brownfield Ag News](https://feedsoft.ai/events/8247-rain-in-much-of-midwest-sends-soybeans-corn-lower-brownfield-ag-news.md) | -6.6% | -12.1% |
| SOY | 2019-01-30 | [Will 2019 Bring More Record U.S. Corn Yields?](https://feedsoft.ai/events/60956-will-2019-bring-more-record-u-s-corn-yields.md) | +0.1% | -1.7% |
| SOY | 2022-08-16 | [Soybeans, corn see more weather pressure - Brownfield Ag News](https://feedsoft.ai/events/6531-soybeans-corn-see-more-weather-pressure-brownfield-ag-news.md) | +2.2% | +2.7% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-weather-crops/showers-soak-much-of-us-corn-belt-more-storms-next-week-idUSKBN1JI2IF/

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