# U.S. grains: Corn at contract lows, soy dips below $9 - AgCanada

> CBOT July corn fell to a contract low of $3.54 and July soybeans dipped below $9 for the first time since 2016. Favorable weather and rains boosted yield prospects, while trade tensions threatened export demand, and winter wheat harvest pressure pushed KC wheat to a one-month low.

- Date: 2018-06-19 · published 2018-06-19T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/10574-u-s-grains-corn-at-contract-lows-soy-dips-below-9-agcanada
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Good crop weather lifts yield expectations and trade threats cut export demand, so both forces point to lower grain prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-07-02 | [U.S. grains: Corn, soy ease on warmer weather - AgCanada](https://feedsoft.ai/events/58125-u-s-grains-corn-soy-ease-on-warmer-weather-agcanada.md) | +2.8% | +1.7% |
| CORN | 2024-01-18 | [U.S. grains: Soy, corn futures end higher after setting multi-year lows - AgCanada](https://feedsoft.ai/events/11443-u-s-grains-soy-corn-futures-end-higher-after-setting-multi-year-lows-agcanada.md) | +1.1% | -5.6% |
| CORN | 2017-03-07 | [U.S. grains: Soy, corn fall on Brazil crop expectations - AgCanada](https://feedsoft.ai/events/72036-u-s-grains-soy-corn-fall-on-brazil-crop-expectations-agcanada.md) | -2.2% | -0.2% |
| CORN | 2021-03-22 | [U.S. grains: Corn steps back after export-led rally - AgCanada](https://feedsoft.ai/events/10763-u-s-grains-corn-steps-back-after-export-led-rally-agcanada.md) | +10.7% | +12.5% |
| CORN | 2019-09-11 | [U.S. grains: Soybeans, corn ease on crop-boosting weather - AgCanada](https://feedsoft.ai/events/9148-u-s-grains-soybeans-corn-ease-on-crop-boosting-weather-agcanada.md) | +4.2% | +9.2% |
| SOY | 2019-07-02 | [U.S. grains: Corn, soy ease on warmer weather - AgCanada](https://feedsoft.ai/events/58125-u-s-grains-corn-soy-ease-on-warmer-weather-agcanada.md) | -0.3% | -0.8% |
| SOY | 2024-01-18 | [U.S. grains: Soy, corn futures end higher after setting multi-year lows - AgCanada](https://feedsoft.ai/events/11443-u-s-grains-soy-corn-futures-end-higher-after-setting-multi-year-lows-agcanada.md) | +2.9% | -2.9% |
| SOY | 2017-03-07 | [U.S. grains: Soy, corn fall on Brazil crop expectations - AgCanada](https://feedsoft.ai/events/72036-u-s-grains-soy-corn-fall-on-brazil-crop-expectations-agcanada.md) | -3.0% | -8.6% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-grains-corn-at-contract-lows-soy-dips-below-9

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