According to the US Drought Monitor and the WSJ we might just be in the midst of a mini "Flash Drought."
Rain is forecast in the coming days for many of the corn and soybean growing areas, however the question is just how much will they actually get?
From the WSJ:
The federal Drought Monitor showed that one-quarter of the Midwest region, which includes the heart of the nation's Farm Belt, was in some level of drought as of Tuesday, up sharply from 7.9% the previous week. Drought conditions were considered severe in nearly 4% of the region, up from zero a week earlier.