# Corn and soybeans extend losses as favorable crop weather improves outlook

> CBOT corn and soybeans hit multi-month lows on Thursday as favorable U.S. growing weather encouraged fund selling. Wheat slipped as improved Plains rainfall and harvest start added supply pressure. Analysts said China has not confirmed purchases of U.S. crops despite a pledged $17 billion annual farm trade commitment.

- Date: 2026-06-04 · published 2026-06-04T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/10647-corn-and-soybeans-extend-losses-as-favorable-crop-weather-improves-outlook
- 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

Good crop weather and absent Chinese buying leave the market without demand support, keeping corn, soybean and wheat prices under pressure.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SOY | 2026-06-04 | 5 | -5.5% | -2.9 | Favorable US growing weather prompted fund selling to multi-month lows, and unconfirmed Chinese purchases added a demand-side concern. |
| CORN | 2026-06-05 | 5 | -5.5% | -3.4 | Favorable growing weather triggered fund selling to multi-month lows, and unconfirmed Chinese purchases removed demand support. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-07-29 | [CBOT soybeans sink on favorable US weather \| Reuters](https://feedsoft.ai/events/9378-cbot-soybeans-sink-on-favorable-us-weather-reuters.md) | -3.5% | +5.0% |
| CORN | 2025-10-22 | [Favorable weather accelerates South American soybean and corn planting - Brownfield Ag News](https://feedsoft.ai/events/13470-favorable-weather-accelerates-south-american-soybean-and-corn-planting.md) | +2.0% | +4.9% |
| CORN | 2016-11-18 | [Favorable weather outlook for South America - Brownfield Ag News](https://feedsoft.ai/events/73776-favorable-weather-outlook-for-south-america-brownfield-ag-news.md) | +2.1% | +4.0% |
| CORN | 2019-04-23 | [Weather Favors Brazil Second-Crop Corn](https://feedsoft.ai/events/59421-weather-favors-brazil-second-crop-corn.md) | -2.3% | +3.9% |
| 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 | 2026-03-12 | [Brazil Crop, Midwest Weather Outlook for Soybeans](https://feedsoft.ai/events/13012-brazil-crop-midwest-weather-outlook-for-soybeans.md) | -3.2% | -2.9% |
| SOY | 2026-07-29 | [CBOT soybeans sink on favorable US weather \| Reuters](https://feedsoft.ai/events/9378-cbot-soybeans-sink-on-favorable-us-weather-reuters.md) | -4.7% | +1.3% |
| SOY | 2025-10-22 | [Favorable weather accelerates South American soybean and corn planting - Brownfield Ag News](https://feedsoft.ai/events/13470-favorable-weather-accelerates-south-american-soybean-and-corn-planting.md) | +4.6% | +11.9% |

## Sources

- economies.com: https://www.economies.com/commodities/corn-news/corn-and-soybeans-extend-losses-as-favorable-crop-weather-improves-outlook-49010

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