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A weekly market report says July corn rose 4.75 cents and soybeans gained over 9 cents for the week ending June 19, while soybean oil fell 459 points. Analyst Jerry Gulke says funds liquidated corn longs and that wheat and soybeans held April lows, with corn cash prices in Illinois falling below cost of production.
Fund liquidation and corn prices near cost of production suggest limited further downside for corn, while soybean oil weakness reflects reduced energy-linked support.
agweb.comMichelle RookJun 19, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
