# Rain, stronger dollar especially hard on the corn market - Brownfield Ag News

> Soybeans and corn fell on Tuesday as more rain entered the forecasts and a stronger dollar added pressure. Wheat also finished lower on harvest pressure, strong winter wheat yields, and the firmer dollar. Commercial soybean demand remained solid.

- Date: 2016-06-22 · published 2016-06-22T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/9749-rain-stronger-dollar-especially-hard-on-the-corn-market-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Rain forecasts ease weather risk for the crop and reduce the upside in corn and soybeans. Solid commercial demand for soybeans limits how far prices can fall.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-07-09 | [Corn down ahead of expected weekend rain - Brownfield Ag News](https://feedsoft.ai/events/10341-corn-down-ahead-of-expected-weekend-rain-brownfield-ag-news.md) | -6.6% | -7.9% |
| CORN | 2016-08-24 | [Soybeans, corn down on generally good crop weather - Brownfield Ag News](https://feedsoft.ai/events/10614-soybeans-corn-down-on-generally-good-crop-weather-brownfield-ag-news.md) | -7.1% | -0.8% |
| CORN | 2021-12-13 | [Soybeans, corn down after rain in South America - Brownfield Ag News](https://feedsoft.ai/events/9262-soybeans-corn-down-after-rain-in-south-america-brownfield-ag-news.md) | -0.1% | +0.8% |
| CORN | 2025-04-28 | [Brazil corn outlook holding back rally - Brownfield Ag News](https://feedsoft.ai/events/25118-brazil-corn-outlook-holding-back-rally-brownfield-ag-news.md) | -2.6% | -2.2% |
| CORN | 2018-06-11 | [Rain in much of Midwest sends soybeans, corn lower - Brownfield Ag News](https://feedsoft.ai/events/8247-rain-in-much-of-midwest-sends-soybeans-corn-lower-brownfield-ag-news.md) | -3.5% | -5.6% |
| SOY | 2016-08-24 | [Soybeans, corn down on generally good crop weather - Brownfield Ag News](https://feedsoft.ai/events/10614-soybeans-corn-down-on-generally-good-crop-weather-brownfield-ag-news.md) | -6.6% | -5.7% |
| SOY | 2021-12-13 | [Soybeans, corn down after rain in South America - Brownfield Ag News](https://feedsoft.ai/events/9262-soybeans-corn-down-after-rain-in-south-america-brownfield-ag-news.md) | +1.4% | +8.4% |
| SOY | 2018-06-11 | [Rain in much of Midwest sends soybeans, corn lower - Brownfield Ag News](https://feedsoft.ai/events/8247-rain-in-much-of-midwest-sends-soybeans-corn-lower-brownfield-ag-news.md) | -6.6% | -12.1% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/rain-stronger-dollar-especially-hard-corn-market/

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