# Drier Weather Pushes Grain, Soybean Futures Higher | Fox Business

> Grain and soybean futures rose as less rain fell on the Corn Belt than expected, particularly in Iowa. Forecasters saw significant showers not returning for about two weeks, putting up to a quarter of Midwest crops at risk of stress. Eastern Midwest fields are too wet, and traders are cautious on shifting forecasts.

- Date: 2017-07-27 · published 2017-07-27T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/7124-drier-weather-pushes-grain-soybean-futures-higher-fox-business
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Dryness during the pollination and pod-setting period threatens US corn and soybean yields, which supports prices. Forecast changes are driving volatile trade.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-05-03 | [Grain, Soybean Futures Lifted by Weather Premium \| Fox Business](https://feedsoft.ai/events/10486-grain-soybean-futures-lifted-by-weather-premium-fox-business.md) | +0.5% | +1.2% |
| CORN | 2017-11-17 | [Grain, Soybean Futures Rise; Traders Watch Argentina Weather \| Fox Business](https://feedsoft.ai/events/5282-grain-soybean-futures-rise-traders-watch-argentina-weather-fox-business.md) | +0.8% | +6.3% |
| CORN | 2017-12-05 | [La Niña Chases Soybean Futures Higher \| Fox Business](https://feedsoft.ai/events/67406-la-nina-chases-soybean-futures-higher-fox-business.md) | +2.8% | +5.6% |
| CORN | 2017-12-01 | [Grain, Soybean Futures End Week With a Bounce \| Fox Business](https://feedsoft.ai/events/67502-grain-soybean-futures-end-week-with-a-bounce-fox-business.md) | +0.4% | +6.2% |
| CORN | 2017-05-19 | [Grain, Soybean Futures Find Footing After Brazil Rout \| Fox Business](https://feedsoft.ai/events/7587-grain-soybean-futures-find-footing-after-brazil-rout-fox-business.md) | +1.3% | +2.6% |
| SOY | 2017-05-03 | [Grain, Soybean Futures Lifted by Weather Premium \| Fox Business](https://feedsoft.ai/events/10486-grain-soybean-futures-lifted-by-weather-premium-fox-business.md) | +0.8% | -4.4% |
| SOY | 2017-11-17 | [Grain, Soybean Futures Rise; Traders Watch Argentina Weather \| Fox Business](https://feedsoft.ai/events/5282-grain-soybean-futures-rise-traders-watch-argentina-weather-fox-business.md) | +2.2% | -0.5% |
| SOY | 2017-12-05 | [La Niña Chases Soybean Futures Higher \| Fox Business](https://feedsoft.ai/events/67406-la-nina-chases-soybean-futures-higher-fox-business.md) | -1.6% | -3.9% |

## Sources

- foxbusiness.com: https://www.foxbusiness.com/features/drier-weather-pushes-grain-soybean-futures-higher

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