# U.S. farmers face devastation following Midwest floods | Reuters

> US farmers face losses after grain prices fell sharply in the ongoing trade dispute, and many stored a historic volume of grain in bins, bags and outdoor piles. The Midwest floods add to the financial strain on growers.

- Date: 2019-03-21 · published 2019-03-21T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/9645-u-s-farmers-face-devastation-following-midwest-floods-reuters
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Large stored supplies and flood damage pull in opposite directions for corn, with stored volume limiting price upside even as crop losses add some support.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-03-09 | [Adaptation, not irrigation recommended for Midwest corn farmers  \| MSUToday \| Michigan State University](https://feedsoft.ai/events/47957-adaptation-not-irrigation-recommended-for-midwest-corn-farmers-msutoday.md) | -10.3% | -1.3% |
| CORN | 2024-05-31 | [Severe weather keeps Midwest farmers out of the field](https://feedsoft.ai/events/13187-severe-weather-keeps-midwest-farmers-out-of-the-field.md) | -1.5% | -6.6% |
| CORN | 2020-05-04 | [Warming Midwest conditions may result in corn, soybean production moving north \| Penn State University](https://feedsoft.ai/events/52961-warming-midwest-conditions-may-result-in-corn-soybean-production-moving-north.md) | +1.9% | +1.9% |
| CORN | 2026-05-21 | [Drought Monitor shows slight improvement in Midwest - Pro Farmer](https://feedsoft.ai/events/12992-drought-monitor-shows-slight-improvement-in-midwest-pro-farmer.md) | -1.7% | -7.1% |
| CORN | 2016-12-09 | [Long-term forecasters rethinking weather prediction methods](https://feedsoft.ai/events/73406-long-term-forecasters-rethinking-weather-prediction-methods.md) | +2.4% | +0.4% |

## Sources

- reuters.com: https://www.reuters.com/article/business/environment/us-farmers-face-devastation-following-midwest-floods-idUSKCN1R12J0/

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