As the rest of July plays out, United States soybeans and corn will remain in a weather market, said Sean Lusk, vice-president of Walsh Commodity Hedging Services in Chicago.
CBOT Weekly: ‘It’s a weather game now’ says Lusk
If soybeans fall under $10, corn to slip below $4
IGC maintains 2025/26 world corn and wheat crop forecasts
Larger U.S. crop offset by reductions elsewhere
The International Grains Council on Thursday maintained its forecast for 2025/26 global corn production with a slightly improved outlook for crops in the United States offset by downward revisions for Hungary and Romania.
CBOT Weekly: Grain prices showing weakness
USDA report, trade tensions pressure markets
Grain prices at the Chicago Board of Trade were on the weaker side for the week ended July 16 due to last week's USDA report and ongoing trade tensions.
U.S. grains: Corn rebounds from contract lows on short covering, bargain buying
Bargain buying and short covering lifted U.S. corn futures on Monday after the market slid to contract lows on expectations for strong U.S. output, traders said.
USDA adjusts supply/demand estimates
Corn/soybean yields unchanged
Corn and soybean yields in the United States were left unchanged in the latest supply/demand estimates from the U.S. Department of Agriculture, released July 11, although a reduction in harvested area led to small downward revisions to production for the crops.
CBOT weekly: USDA/weather in focus for corn and soybeans
Midwestern conditions favourable
Warm Midwestern temperatures and timely precipitation weighed on corn and soybean futures at the Chicago Board of Trade coming out of the Independence Day long weekend. Weather should remain a major market driver through the growing season, although some short-term direction could come from the monthly United States Department of Agriculture supply/demand estimates due out on July 11.
Manitoba Crop Report: Rains not enough to curb dryness
Some areas receive deluge; others still dry
Many areas of Manitoba received varied amounts of rainfall during the week ended July 6, 2025. However, it was not enough to replenish moisture in some areas.
CBOT Weekly: Turning towards a weather market
Area, stocks reports have little influence
Soybeans and corn on the Chicago Board of Trade are heading toward a weather market, said Sean Lusk, vice-president of Walsh Commercial Hedging in Chicago. The move comes after two reports from the United States Department of Agriculture issued on June 30.
USDA lowers soybean/corn acreage estimates, wheat up from March
Quarterly stocks data also out
Farmers in the United States planted slightly less soybeans and corn than earlier intentions in 2025, according to updated acreage data from the U.S. Department of Agriculture released June 30.
CBOT Weekly: Prices tumble, uncertainty ahead
Weather, supply pressures weigh on grains
Grain futures fell on the Chicago Board of Trade last week with more uncertainty waiting in the wings.