# Corn marketers hoping weather reports stops tumble

> Corn prices fell more than 30 cents over the prior 12 sessions. Dryness in parts of Russia was intensifying and could widen, while Brazil's second-crop corn appeared stabilized. Market participants awaited the USDA June supply and demand report.

- Date: 2018-06-11 · published 2018-06-11T12:00:00.000Z
- Category: weather · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/8246-corn-marketers-hoping-weather-reports-stops-tumble
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Possible Russian drought cuts Black Sea corn supply and could add risk premium, offering some support after heavy selling, though strong U.S. crop ratings limit upside.

## Read by commodity

- CORN: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2018-06-11 | 1 | -2.0% | -3.9 | Notes corn's 30+ cent slide over prior sessions and pre-WASDE positioning; Russian dryness was only a partial offset, so it describes the selling trend. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-06-25 | [Weather, exports driving factors in commodity markets \| Feed Strategy](https://feedsoft.ai/events/46664-weather-exports-driving-factors-in-commodity-markets-feed-strategy.md) | +5.6% | -5.6% |
| CORN | 2021-07-06 | [Weather, tight stocks dictate grain markets](https://feedsoft.ai/events/46120-weather-tight-stocks-dictate-grain-markets.md) | -1.9% | -12.4% |
| CORN | 2020-11-28 | [Dry weather in Brazil could extend enthusiasm in corn, bean markets - Renewable Farming](https://feedsoft.ai/events/50002-dry-weather-in-brazil-could-extend-enthusiasm-in-corn-bean-markets-renewable.md) | -1.5% | -1.0% |
| CORN | 2023-08-28 | [Soybeans at 1-month high, corn firm as hot, dry weather hits US crops - Markets - Business Recorder](https://feedsoft.ai/events/34585-soybeans-at-1-month-high-corn-firm-as-hot-dry-weather-hits-us-crops-markets.md) | -1.3% | -8.5% |
| CORN | 2023-11-28 | [Weather hinders record South American exports](https://feedsoft.ai/events/33102-weather-hinders-record-south-american-exports.md) | +2.2% | +4.6% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/corn-marketers-hoping-weather-reports-stops-tumble

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