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CBOT soybeans lost nearly 30 cents a bushel on falling crude oil and bearish weather forecasts. Corn fell to multi-year lows and wheat dropped to its lowest since April.
USDA data showed weak old-crop soymeal sales, down 44% week on week.
Weak export sales and forecast rain are lowering grain and meal prices, which reduces feed input costs, though new-crop sales are supportive.
producer.comJun 4, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Soybeans lost nearly 30 cents on falling crude and bearish weather forecasts, with weak soymeal sales adding to the pressure.
Soybeans lost nearly 30 cents on bearish weather, and old-crop soymeal sales fell 44% week on week, signaling weak demand.
Corn fell to multi-year lows alongside falling crude and bearish weather forecasts.
