# Soybeans, corn see more weather pressure - Brownfield Ag News

> Soybeans and corn fell on speculative and technical selling. Rain reached drier areas of the Midwest and Plains after a hot, dry late July and early August. Mexico bought 228,606 tons of U.S. soybeans, and a possible La Nina was flagged for later in 2022.

- Date: 2022-08-16 · published 2022-08-16T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/6531-soybeans-corn-see-more-weather-pressure-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Rainfall should limit further yield cuts, easing supply concerns and pressuring prices. A potential La Nina could later dry South America and support U.S. export demand.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2016-07-20 | [Near term weather forecasts pressure soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/10877-near-term-weather-forecasts-pressure-soybeans-corn-brownfield-ag-news.md) | -1.6% | -4.1% |
| CORN | 2016-08-24 | [Soybeans, corn down on generally good crop weather - Brownfield Ag News](https://feedsoft.ai/events/10614-soybeans-corn-down-on-generally-good-crop-weather-brownfield-ag-news.md) | -7.1% | -0.8% |
| CORN | 2017-07-13 | [Big drop for corn, soybeans, and wheat - Brownfield Ag News](https://feedsoft.ai/events/6475-big-drop-for-corn-soybeans-and-wheat-brownfield-ag-news.md) | +0.3% | -1.2% |
| 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 | 2021-12-13 | [Soybeans, corn down after rain in South America - Brownfield Ag News](https://feedsoft.ai/events/9262-soybeans-corn-down-after-rain-in-south-america-brownfield-ag-news.md) | -0.1% | +0.8% |
| SOY | 2016-07-20 | [Near term weather forecasts pressure soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/10877-near-term-weather-forecasts-pressure-soybeans-corn-brownfield-ag-news.md) | -4.8% | -2.3% |
| SOY | 2016-08-24 | [Soybeans, corn down on generally good crop weather - Brownfield Ag News](https://feedsoft.ai/events/10614-soybeans-corn-down-on-generally-good-crop-weather-brownfield-ag-news.md) | -6.6% | -5.7% |
| SOY | 2017-07-13 | [Big drop for corn, soybeans, and wheat - Brownfield Ag News](https://feedsoft.ai/events/6475-big-drop-for-corn-soybeans-and-wheat-brownfield-ag-news.md) | -1.7% | -5.3% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-corn-see-more-weather-pressure-2/

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