# WEEKLY GRAIN MOVEMENT: Corn planting hits high gear before rain; soy b

> Farmers rushed to plant corn in the Midwest ahead of midweek rain, with planting underway in Iowa and Illinois. Forecasts called for heavy rain of up to 6 to 8 inches in parts of the Midwest and cool, wet conditions in the 6 to 10 day outlook. Soybean cash basis bids rose while farmer selling stayed light.

- Date: 2017-04-24 · published 2017-04-24T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/8225-weekly-grain-movement-corn-planting-hits-high-gear-before-rain-soy-b
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Rapid planting ahead of wet weather supports near-term corn and soybean supply expectations, but heavy rain could cause planting delays. Higher basis bids suggest firming local soybean demand.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-04-10 | [Weekly Grain Movement – April 10, 2017](https://feedsoft.ai/events/71397-weekly-grain-movement-april-10-2017.md) | +0.9% | +1.8% |
| CORN | 2017-04-10 | [WEEKLY GRAIN MOVEMENT: Wet fields sideline farmers for now](https://feedsoft.ai/events/71398-weekly-grain-movement-wet-fields-sideline-farmers-for-now.md) | +0.9% | +1.8% |
| CORN | 2019-05-15 | [Corn At Seven Week High On US Planting Delays \| Checkout](https://feedsoft.ai/events/6668-corn-at-seven-week-high-on-us-planting-delays-checkout.md) | +5.5% | +11.1% |
| CORN | 2019-05-28 | [Corn futures hit three-year high after rains prolong planting delays](https://feedsoft.ai/events/5438-corn-futures-hit-three-year-high-after-rains-prolong-planting-delays.md) | +2.6% | +8.8% |
| CORN | 2019-04-29 | [U.S. grains: Corn firms as rains stall planting - AgCanada](https://feedsoft.ai/events/10955-u-s-grains-corn-firms-as-rains-stall-planting-agcanada.md) | +0.1% | +6.9% |
| SOY | 2017-04-10 | [Weekly Grain Movement – April 10, 2017](https://feedsoft.ai/events/71397-weekly-grain-movement-april-10-2017.md) | +1.2% | +1.5% |
| SOY | 2017-04-10 | [WEEKLY GRAIN MOVEMENT: Wet fields sideline farmers for now](https://feedsoft.ai/events/71398-weekly-grain-movement-wet-fields-sideline-farmers-for-now.md) | +1.2% | +1.5% |
| SOY | 2019-05-15 | [Corn At Seven Week High On US Planting Delays \| Checkout](https://feedsoft.ai/events/6668-corn-at-seven-week-high-on-us-planting-delays-checkout.md) | +0.5% | +7.4% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/corn-price-updates/weekly-grain-movement-corn-planting-hits-high-gear-before-rain-soy-bids-rise

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