# Agricultural ETFs Slump Amid Weather Changes | ETF Trends

> Chicago soybeans slid nearly 4.5% on Friday to their lowest in over a week after rains across South America boosted crop prospects. Wheat, corn and oats also fell sharply. Ukrainian traders saw no reason to limit corn exports for the 2020/21 season, with a final decision due January 25.

- Date: 2021-01-22 · published 2021-01-22T12:00:00.000Z
- Category: weather · region South America · magnitude medium
- Page: https://feedsoft.ai/events/8236-agricultural-etfs-slump-amid-weather-changes-etf-trends
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Improved South American crop prospects raise expectations of higher world supplies, pushing grain prices lower. A possible Ukrainian corn export limit remains a source of upside risk for corn.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- OATS: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-12-08 | [No South America Weather Calamity Yet](https://feedsoft.ai/events/67400-no-south-america-weather-calamity-yet.md) | -2.4% | -3.4% |
| SOY | 2025-07-28 | [Severe Weather and an End to the Heatwave This Week](https://feedsoft.ai/events/13069-severe-weather-and-an-end-to-the-heatwave-this-week.md) | -3.7% | +3.8% |
| SOY | 2017-01-11 | [Favorable Weather for South America](https://feedsoft.ai/events/72858-favorable-weather-for-south-america.md) | +6.9% | +5.3% |
| SOY | 2025-12-26 | [Active Weather Largely Characterizes the 2025 Growing Season](https://feedsoft.ai/events/13031-active-weather-largely-characterizes-the-2025-growing-season.md) | -3.2% | -0.1% |
| SOY | 2016-12-08 | [Good Weather and Crop Outlook in South America \| Hoosier Ag Today](https://feedsoft.ai/events/73326-good-weather-and-crop-outlook-in-south-america-hoosier-ag-today.md) | -2.4% | -6.0% |
| CORN | 2020-07-28 | [Another good wet agricultural season predicted for SA \| OFM](https://feedsoft.ai/events/52039-another-good-wet-agricultural-season-predicted-for-sa-ofm.md) | -1.3% | +2.8% |
| CORN | 2018-11-27 | [Nov. 26: Surprising yields after weather challenges](https://feedsoft.ai/events/61895-nov-26-surprising-yields-after-weather-challenges.md) | +8.3% | +9.0% |
| CORN | 2017-12-08 | [No South America Weather Calamity Yet](https://feedsoft.ai/events/67400-no-south-america-weather-calamity-yet.md) | +2.9% | +5.8% |

## Sources

- etftrends.com: https://www.etftrends.com/agricultural-etfs-slump-amid-weather-changes/

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