# 2016 weather propelled commodity market rollercoaster

> A University of Arkansas review of 2016 says weather extremes drove a volatile grain market, with Argentine rains and Brazilian drought lifting corn and soybean prices from April to mid-June. Prices had sunk to multi-year lows earlier in the year on expectations of record South American crops.

- Date: 2016-12-16 · published 2016-12-16T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/73322-2016-weather-propelled-commodity-market-rollercoaster
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The retrospective shows how South American weather shifts export demand toward the US, a dynamic that remains relevant for pricing corn and soybeans into 2017.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-06-27 | [Terrain \| The Fast and Furious Corn Weather Market](https://feedsoft.ai/events/29804-terrain-the-fast-and-furious-corn-weather-market.md) | -2.3% | -0.1% |
| CORN | 2017-05-03 | [Weather market dominant once again  - 03 May 2017 Premium](https://feedsoft.ai/events/6140-weather-market-dominant-once-again-03-may-2017-premium.md) | +0.5% | +1.2% |
| CORN | 2021-06-18 | [STEVE KELL: Sell on rumour in a weather market \| FarmersForum.com](https://feedsoft.ai/events/46624-steve-kell-sell-on-rumour-in-a-weather-market-farmersforum-com.md) | +0.3% | -5.2% |
| CORN | 2021-12-27 | [Weather will provide more market volatility in the coming year  \| World Grain](https://feedsoft.ai/events/43513-weather-will-provide-more-market-volatility-in-the-coming-year-world-grain.md) | -1.3% | +3.3% |
| CORN | 2017-09-15 | [Markets eye global weather](https://feedsoft.ai/events/68874-markets-eye-global-weather.md) | +1.4% | +4.3% |
| SOY | 2021-06-18 | [STEVE KELL: Sell on rumour in a weather market \| FarmersForum.com](https://feedsoft.ai/events/46624-steve-kell-sell-on-rumour-in-a-weather-market-farmersforum-com.md) | +3.1% | +9.4% |
| SOY | 2021-12-27 | [Weather will provide more market volatility in the coming year  \| World Grain](https://feedsoft.ai/events/43513-weather-will-provide-more-market-volatility-in-the-coming-year-world-grain.md) | -0.2% | +5.3% |
| SOY | 2017-09-15 | [Markets eye global weather](https://feedsoft.ai/events/68874-markets-eye-global-weather.md) | +0.4% | +2.6% |

## Sources

- uaex.uada.edu: https://www.uaex.uada.edu/media-resources/news/2016/december2016/12-16-2016-commodity-market-rollercoaster.aspx

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