# Grain See Risk Off Selling on Weather, Reports: Cattle Also See Red - AgWeb

> Grain and cattle futures ended sharply lower on June 29, with corn setting new contract lows and oats down about 6% in July. Analyst Mike Zuzolo attributed the pressure to fund liquidation after July option expiration and to shifting U.S. weather, while Paris corn hit new contract highs on EU drought and heat.

- Date: 2026-06-29 · published 2026-06-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11698-grain-see-risk-off-selling-on-weather-reports-cattle-also-see-red-agweb
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Oats](https://feedsoft.ai/c/OATS.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Funds exiting long positions and improved U.S. and Canadian Prairie weather point to near-term downside for corn and oats, while the divergence from EU heat risk leaves a possible upside catalyst if the spread narrows.

## Read by commodity

- CORN: bearish ▼
- OATS: bearish ▼
- WHEAT: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| OATS | 2026-06-28 | 5 | -14.0% | -3.2 | Fund liquidation and risk-off selling across grains on June 29, with oats down about 6% in July, directly contributed to the sharp weekly drop via sentiment and positioning. |

## Sources

- agweb.com: https://www.agweb.com/markets/market-analysis/grain-see-risk-selling-weather-reports-cattle-also-see-red

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