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Grain futures were weaker overnight, with July corn down 2 cents, July soybeans off 4 cents and SRW wheat at a five-week low. Favorable early-season U.S. weather is bearish, though corn and winter wheat are technically oversold.
Crude oil traded near $91 a barrel amid Iran peace talk developments.
Benign crop weather and fund liquidation are keeping grain prices under pressure, though oversold signals could limit further downside.
profarmer.comJim WyckoffJun 2, 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.
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.
