# Perfect Storm Drought Conditions: Price, Yield and Drought Updates

> An Iowa Farm Bureau analysis notes drought across parts of the Midwest and High Plains, but says it is not widespread enough to lift prices. USDA corn yield expectations are 169.5 bu/acre and soybeans 49.4 bu/acre, with USDA price forecasts of $3.30 corn and a $9.30 soybean midpoint.

- Date: 2017-08-24 · published 2017-08-24T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/69301-perfect-storm-drought-conditions-price-yield-and-drought-updates
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Localized drought losses are offset by strong yields elsewhere, so the balance sheet stays comfortable and prices see limited support from weather.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-06-21 | [Drought Stress: When Does it Start Stealing Yield from Corn and Soybeans?](https://feedsoft.ai/events/46416-drought-stress-when-does-it-start-stealing-yield-from-corn-and-soybeans.md) | -3.3% | -8.0% |
| CORN | 2025-12-30 | [Impact of Rain and Drought on December Grain Prices](https://feedsoft.ai/events/13822-impact-of-rain-and-drought-on-december-grain-prices.md) | +0.0% | -2.1% |
| CORN | 2022-04-15 | [Corn Belt sees little change in drought conditions week over week](https://feedsoft.ai/events/13372-corn-belt-sees-little-change-in-drought-conditions-week-over-week.md) | +2.1% | -0.0% |
| CORN | 2026-03-31 | [Wheat Prices Surge on US Drought and Planting Uncertainty](https://feedsoft.ai/events/20207-wheat-prices-surge-on-us-drought-and-planting-uncertainty.md) | -1.0% | +1.7% |
| CORN | 2025-05-26 | [Fair EU yield expectations despite drought concerns - Joint Research Centre](https://feedsoft.ai/events/24612-fair-eu-yield-expectations-despite-drought-concerns-joint-research-centre.md) | -2.0% | -6.0% |
| SOY | 2021-06-21 | [Drought Stress: When Does it Start Stealing Yield from Corn and Soybeans?](https://feedsoft.ai/events/46416-drought-stress-when-does-it-start-stealing-yield-from-corn-and-soybeans.md) | -4.7% | +2.3% |
| SOY | 2019-10-01 | [Argentina Crops Being Impacted by Drought Conditions - ProAg](https://feedsoft.ai/events/56410-argentina-crops-being-impacted-by-drought-conditions-proag.md) | +1.0% | +1.6% |
| SOY | 2025-12-30 | [Impact of Rain and Drought on December Grain Prices](https://feedsoft.ai/events/13822-impact-of-rain-and-drought-on-december-grain-prices.md) | -0.7% | +2.4% |

## Sources

- iowafarmbureau.com: https://www.iowafarmbureau.com/Article/Perfect-Storm-Drought-Conditions-Price-Yield-and-Drought-Updates

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