# While rains swamp U.S. Midwest, parched soils hamper Canadian crop growth | Financial Post

> Continued rains in the US Midwest have stalled corn and soybean planting, while dry weather on the Canadian Prairies is stunting canola and wheat. Both countries face trade disputes with China that have already depressed exports and left stocks high.

- Date: 2019-06-04 · published 2019-06-04T12:00:00.000Z
- Category: weather · region US and Canada · magnitude medium
- Page: https://feedsoft.ai/events/8684-while-rains-swamp-u-s-midwest-parched-soils-hamper-canadian-crop-growth
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Smaller North American harvests from both weather problems could tighten canola, soybean and corn supplies, supporting meal and feed prices. Trade losses limit how much of that gain holds.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-07-29 | [Soybeans set for biggest weekly gain in 22 years as U.S. Midwest heats up \| Financial Post](https://feedsoft.ai/events/8740-soybeans-set-for-biggest-weekly-gain-in-22-years-as-u-s-midwest-heats-up.md) | +0.4% | -3.5% |
| SOY | 2022-01-31 | [Soybeans, corn hit 7-month highs on South American crop worry \| Financial Post](https://feedsoft.ai/events/43158-soybeans-corn-hit-7-month-highs-on-south-american-crop-worry-financial-post.md) | +5.7% | +11.9% |
| SOY | 2021-03-08 | [Soybeans hit highest in almost 7 years on S.American crop worry \| Financial Post](https://feedsoft.ai/events/6559-soybeans-hit-highest-in-almost-7-years-on-s-american-crop-worry-financial-post.md) | -1.3% | -1.5% |
| SOY | 2022-07-27 | [Soybeans rally as U.S. forecast turns hot, dry \| Financial Post](https://feedsoft.ai/events/8742-soybeans-rally-as-u-s-forecast-turns-hot-dry-financial-post.md) | +2.4% | +2.2% |
| SOY | 2021-07-28 | [Wheat climbs on signs of drought damage in northern U.S. Plains \| Financial Post](https://feedsoft.ai/events/46100-wheat-climbs-on-signs-of-drought-damage-in-northern-u-s-plains-financial-post.md) | -1.8% | -5.7% |
| CORN | 2022-07-29 | [Soybeans set for biggest weekly gain in 22 years as U.S. Midwest heats up \| Financial Post](https://feedsoft.ai/events/8740-soybeans-set-for-biggest-weekly-gain-in-22-years-as-u-s-midwest-heats-up.md) | +2.4% | +3.2% |
| CORN | 2022-01-31 | [Soybeans, corn hit 7-month highs on South American crop worry \| Financial Post](https://feedsoft.ai/events/43158-soybeans-corn-hit-7-month-highs-on-south-american-crop-worry-financial-post.md) | +0.6% | +6.9% |
| CORN | 2021-03-08 | [Soybeans hit highest in almost 7 years on S.American crop worry \| Financial Post](https://feedsoft.ai/events/6559-soybeans-hit-highest-in-almost-7-years-on-s-american-crop-worry-financial-post.md) | +2.7% | +3.0% |

## Sources

- financialpost.com: https://financialpost.com/commodities/agriculture/while-rains-swamp-u-s-midwest-parched-soils-hamper-canadian-crop-growth

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