US corn falls after China cancels purchases; drags wheat, soy lower

After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% over 20.

• Apr 25, 2023China's move to cancel US corn purchases leaves Asian traders in split-2.4%
• Dec 20, 2023China ramps up Brazil soy, corn purchases | World Grain+3.1%
• Mar 20, 2020U.S. wheat, soy rise after export deals; corn sags on ethanol woes | Financial Post-0.6%
• May 31, 2019U.S. grains: Trump tariff threat pushes corn, soy, wheat lower - Grainews-2.5%
• Jun 1, 2026Explainer: What do China's new US farm purchases mean for global trade?-5.5%

After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.

• Dec 20, 2023China ramps up Brazil soy, corn purchases | World Grain+0.3%
• Aug 1, 2019China’s U.S. Soybean Purchases Slump to 2004 Low-1.8%
• Sep 22, 2023China cuts soybean purchases from the US in August+0.5%
• May 9, 2018China cutting US soybean purchases in face of tariffs threat | AP News+0.7%
• May 31, 2019U.S. grains: Trump tariff threat pushes corn, soy, wheat lower - Grainews-2.3%

After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.

• May 31, 2019U.S. grains: Trump tariff threat pushes corn, soy, wheat lower - Grainews+9.4%
• Oct 26, 2026Cash market update: Wheat falls on rising supply despite Black Sea risks as China’s US soybean purchases near 70% of its commitment - Fastmarkets-0.4%
• May 24, 2023Plentiful Chinese wheat to pile pain on corn and soy from US and Brazil-2.4%
• May 15, 2023China May Cancel More US Corn in Shift to Cheaper Brazil Cargoes-1.6%
• Sep 13, 2019China's soybean purchase keeps rally alive+2.2%