# Here are 3 big reasons for the grain market's post-4th of July rally - Pro Farmer

> Grain and soy futures rallied after the July 4 holiday, with December corn up 14 cents to $4.55 and November soybeans up 41 cents to $11.89, both at their highest in about a month. Wheat also rose to three-week highs. Drivers included hot, dry weather forecast for the western Corn Belt and a heatwave in Europe.

- Date: 2026-07-06 · published 2026-07-06T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/10786-here-are-3-big-reasons-for-the-grain-market-s-post-4th-of-july-rally-pro-farmer
- 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

Dry US weather during the critical pollination period and European heat threaten yields, supporting feed grain and oilseed meal prices heading into August.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SOY | 2026-07-06 | 5 | +7.2% | 3.2 | Post-July 4 rally with November soybeans up 41 cents on hot, dry western Corn Belt forecasts is a direct supply-risk driver of the move ending July 6. |
| SOY | 2026-07-05 | 1 | +4.5% | 4.6 | Post-July 4 rally with November soybeans up 41 cents (~3.6%) on hot, dry western Corn Belt forecasts directly matches the large one-day move. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-05-31 | [The Start of a Corn Market Rally \| Red River Farm Network](https://feedsoft.ai/events/59125-the-start-of-a-corn-market-rally-red-river-farm-network.md) | -2.5% | +3.0% |
| CORN | 2026-08-10 | [Heat Takes Bite Out of Corn, While Rains Offer Relief in Driest Areas - Pro Farmer](https://feedsoft.ai/events/12971-heat-takes-bite-out-of-corn-while-rains-offer-relief-in-driest-areas-pro-farmer.md) | +3.0% | +11.1% |
| CORN | 2025-03-17 | [Market Snapshot \| Iffy U.S. weather sparks wheat rally - Pro Farmer](https://feedsoft.ai/events/5622-market-snapshot-iffy-u-s-weather-sparks-wheat-rally-pro-farmer.md) | +7.3% | +7.8% |
| CORN | 2019-05-29 | [Daily US grain report: grain futures markets on fire, but for how long?
						 \| The Pig Site](https://feedsoft.ai/events/10896-daily-us-grain-report-grain-futures-markets-on-fire-but-for-how-long-the-pig.md) | +0.4% | +6.4% |
| CORN | 2020-07-20 | [Grain Market Update 21st July - Irish Farmers' Association](https://feedsoft.ai/events/6207-grain-market-update-21st-july-irish-farmers-association.md) | -1.2% | -0.3% |
| SOY | 2026-08-10 | [Heat Takes Bite Out of Corn, While Rains Offer Relief in Driest Areas - Pro Farmer](https://feedsoft.ai/events/12971-heat-takes-bite-out-of-corn-while-rains-offer-relief-in-driest-areas-pro-farmer.md) | +1.5% | +11.9% |
| SOY | 2019-05-29 | [Daily US grain report: grain futures markets on fire, but for how long?
						 \| The Pig Site](https://feedsoft.ai/events/10896-daily-us-grain-report-grain-futures-markets-on-fire-but-for-how-long-the-pig.md) | +3.0% | +5.5% |
| SOY | 2022-01-21 | [The market rally after the reports - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/10893-the-market-rally-after-the-reports-agweek-1-source-for-agriculture-news-farming.md) | +1.6% | +11.7% |

## Sources

- profarmer.com: https://www.profarmer.com/news/here-are-3-big-reasons-grain-markets-post-4th-july-rally

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