Loading…
Oklahoma State extension specialist Todd Hubbs says grain prices remain under pressure from favorable Corn Belt weather and better-than-expected Northern Hemisphere wheat crops. He notes that U.S. prices have largely ignored a heat event in the EU and a small HRW crop, with markets awaiting USDA acreage and stocks reports.
Ample supplies and good crop conditions cap rallies, keeping feed grain and wheat prices subdued for buyers, while upcoming USDA reports could trigger volatility.
oklahomafarmreport.comKC SheperdJun 26, 2026After 357 past bearish weather events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.3%), and -0.5% over 20.
After 363 past bearish weather events, Soybeans moved a median -0.6% over 5 sessions (42% higher; middle half -2.5% to +1.1%), and -0.2% over 20.
After 70 past bearish weather events, Wheat (HRW) moved a median -0.6% over 5 sessions (41% higher; middle half -3.9% to +2.5%), and -1.1% 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.
