Loading…
Soybeans, corn and wheat rose on Friday, with soybeans finishing a weekly gain. USDA reported sales of 340,000 tons of US soybeans to China, 256,634 tons to Mexico and 120,000 tons to unknown destinations, all for 2026/27 delivery.
Weather concerns in the Corn Belt and heat in Western Europe also supported prices, while soybean meal fell on spread adjustments.
New crop export sales to China and Mexico support soybean demand, while weather-related yield risk underpins prices, though softer Argentine pricing and tight cattle supplies could limit feed demand.
brownfieldagnews.comJohn PerkinsJul 17, 2026After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.
After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.
After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.
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.
