# U.S. grains: Chicago grains, soy futures drop as U.S. planting pace accelerates - Grainews

> Chicago corn and soybean futures closed lower on April 29, 2025, as U.S. planting accelerated and little new U.S.-China trade news emerged. Soft red winter wheat hit new contract lows on timely U.S. rainfall and Russian supply questions, while the EPA issued an emergency waiver for higher-ethanol gasoline and no new biofuel subsidies were announced.

- Date: 2025-04-29 · published 2025-04-29T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/11121-u-s-grains-chicago-grains-soy-futures-drop-as-u-s-planting-pace-accelerates
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Favorable planting weather and South American crop conditions reduce weather premium, pressuring corn, soybean and soyoil prices, while the lack of biofuel subsidies weighs on soyoil demand.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-10-30 | [U.S. grains: South America rains push soy futures down - Grainews](https://feedsoft.ai/events/33658-u-s-grains-south-america-rains-push-soy-futures-down-grainews.md) | -3.3% | -6.3% |
| CORN | 2025-06-26 | [U.S. grains: Chicago corn, soy linger at multi-month lows as weather weighs - Grainews](https://feedsoft.ai/events/24226-u-s-grains-chicago-corn-soy-linger-at-multi-month-lows-as-weather-weighs.md) | +4.6% | -1.5% |
| CORN | 2018-03-19 | [U.S. grains: Wheat tumbles as rains cross drought-hit Plains - Grainews](https://feedsoft.ai/events/8007-u-s-grains-wheat-tumbles-as-rains-cross-drought-hit-plains-grainews.md) | -1.2% | +2.7% |
| CORN | 2025-02-25 | [Brazil’s soybean harvest, safrinha corn-planting accelerate - Grain Central](https://feedsoft.ai/events/13513-brazil-s-soybean-harvest-safrinha-corn-planting-accelerate-grain-central.md) | -5.8% | +0.2% |
| CORN | 2017-06-28 | [U.S. grains: Spring wheat futures top US$7 on weather worries - Grainews](https://feedsoft.ai/events/70514-u-s-grains-spring-wheat-futures-top-us-7-on-weather-worries-grainews.md) | +5.6% | +3.0% |
| SOY | 2023-10-30 | [U.S. grains: South America rains push soy futures down - Grainews](https://feedsoft.ai/events/33658-u-s-grains-south-america-rains-push-soy-futures-down-grainews.md) | +2.3% | +2.5% |
| SOY | 2025-06-26 | [U.S. grains: Chicago corn, soy linger at multi-month lows as weather weighs - Grainews](https://feedsoft.ai/events/24226-u-s-grains-chicago-corn-soy-linger-at-multi-month-lows-as-weather-weighs.md) | +2.5% | -2.0% |
| SOY | 2019-12-19 | [U.S. grains: Soy futures ease on rains in South American forecasts - Grainews](https://feedsoft.ai/events/55628-u-s-grains-soy-futures-ease-on-rains-in-south-american-forecasts-grainews.md) | +1.0% | +0.1% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-grains-chicago-grains-soy-futures-drop-as-u-s-planting-pace-accelerates/

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