
Farmtario reports Ontario and U.S. Midwest crops are in favorable conditions, with Ontario receiving 85-115% of normal rain from May 15 to June 15. It estimates the 2026 Ontario soybean crop at 4.3 million tonnes and says lower cattle-on-feed numbers are pressuring corn.
Favorable weather and larger expected Ontario and U.S. soybean output add supply, pressuring prices, while weak Ontario export demand and seasonal crush downtime weigh further.
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 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 334 past bearish weather events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.9% to +1.7%), and -0.2% 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.