# OSU’s Todd Hubbs says Favorable Weather and Heavy Supplies Stifle Grain Markets - Oklahoma Farm Report

> 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.

- Date: 2026-06-26 · published 2026-06-26T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/11700-osu-s-todd-hubbs-says-favorable-weather-and-heavy-supplies-stifle-grain-markets
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Ample supplies and good crop conditions cap rallies, keeping feed grain and wheat prices subdued for buyers, while upcoming USDA reports could trigger volatility.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-06-06 | [Grain report: weather market is now increasingly sensitive  -  Premium](https://feedsoft.ai/events/64588-grain-report-weather-market-is-now-increasingly-sensitive-premium.md) | -1.8% | -7.2% |
| CORN | 2026-06-02 | [Chicago grain falls as US weather lifts crop outlook - Markets - Business Recorder](https://feedsoft.ai/events/10648-chicago-grain-falls-as-us-weather-lifts-crop-outlook-markets-business-recorder.md) | -4.9% | -8.5% |
| CORN | 2026-06-03 | [Grain Market Pain Continues on Weather: Cattle Fall as NWS Nears - AgWeb](https://feedsoft.ai/events/10649-grain-market-pain-continues-on-weather-cattle-fall-as-nws-nears-agweb.md) | -4.1% | -6.7% |
| CORN | 2016-06-23 | [Weather Markets in Full Play as Grain Prices Plummet - Northern Ag Network](https://feedsoft.ai/events/9746-weather-markets-in-full-play-as-grain-prices-plummet-northern-ag-network.md) | -3.5% | -5.7% |
| CORN | 2016-11-09 | [Warm autumn weather cools U.S. feed demand, worsening grain glut - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/73882-warm-autumn-weather-cools-u-s-feed-demand-worsening-grain-glut-agweek-1-source.md) | -6.6% | -4.5% |
| SOY | 2019-05-14 | [Weather, China, carryout = grim grain markets - Farm and Dairy](https://feedsoft.ai/events/5737-weather-china-carryout-grim-grain-markets-farm-and-dairy.md) | +5.2% | +8.6% |
| SOY | 2026-06-02 | [Chicago grain falls as US weather lifts crop outlook - Markets - Business Recorder](https://feedsoft.ai/events/10648-chicago-grain-falls-as-us-weather-lifts-crop-outlook-markets-business-recorder.md) | -5.5% | -5.4% |
| SOY | 2026-06-03 | [Grain Market Pain Continues on Weather: Cattle Fall as NWS Nears - AgWeb](https://feedsoft.ai/events/10649-grain-market-pain-continues-on-weather-cattle-fall-as-nws-nears-agweb.md) | -4.4% | -3.3% |

## Sources

- oklahomafarmreport.com: https://www.oklahomafarmreport.com/2026/06/26/osus-todd-hubbs-says-favorable-weather-and-heavy-supplies-stifle-grain-markets/

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