# Rolling the dice on weather

> Government forecasters ended the La Niña cooling of the equatorial Pacific, leaving ENSO neutral. Analyst Bryce Knorr notes that neutral years have historically produced slightly above-normal corn and soybean yields, while weather scares during reproduction can still spark price rallies.

- Date: 2017-04-01 · published 2017-04-01T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/71338-rolling-the-dice-on-weather
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Weather-driven rallies in summer corn and soybean futures are possible if heat or dryness threatens pollination, so buyers face upside risk even though average yields tend to be good.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-06-11 | [Ag weather disasters: Help on the way for farmers](https://feedsoft.ai/events/58579-ag-weather-disasters-help-on-the-way-for-farmers.md) | +6.2% | +3.2% |
| CORN | 2018-07-25 | [A change in the weather](https://feedsoft.ai/events/63939-a-change-in-the-weather.md) | +3.5% | +2.0% |
| CORN | 2019-10-16 | [Crop Weather -- After the Snow](https://feedsoft.ai/events/56420-crop-weather-after-the-snow.md) | -1.2% | -1.8% |
| CORN | 2018-05-29 | [Wheat prices are rising because of the hot and dry weather](https://feedsoft.ai/events/65065-wheat-prices-are-rising-because-of-the-hot-and-dry-weather.md) | -3.7% | -9.3% |
| CORN | 2024-05-29 | [‘Weather market’ resumes role as price driver \| The Western Producer](https://feedsoft.ai/events/30283-weather-market-resumes-role-as-price-driver-the-western-producer.md) | -4.5% | -5.1% |
| SOY | 2019-06-11 | [Ag weather disasters: Help on the way for farmers](https://feedsoft.ai/events/58579-ag-weather-disasters-help-on-the-way-for-farmers.md) | +6.3% | +2.8% |
| SOY | 2018-07-25 | [A change in the weather](https://feedsoft.ai/events/63939-a-change-in-the-weather.md) | +5.3% | +1.9% |
| SOY | 2018-10-24 | [Better weather means harvest is rolling - Farm and Dairy](https://feedsoft.ai/events/62388-better-weather-means-harvest-is-rolling-farm-and-dairy.md) | -2.8% | +2.7% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/rolling-the-dice-on-weather

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