# Growing conditions pressure crop prices in Ontario, U.S. Midwest

> 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.

- Date: 2026-06-27 · published 2026-06-27T12:00:00.000Z
- Category: weather · region Canada · magnitude low
- Page: https://feedsoft.ai/events/11705-growing-conditions-pressure-crop-prices-in-ontario-u-s-midwest
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

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.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-04-05 | [Drought Conditions Improving in Much of Midwest \| Red River Farm Network](https://feedsoft.ai/events/13192-drought-conditions-improving-in-much-of-midwest-red-river-farm-network.md) | -1.8% | +0.8% |
| SOY | 2019-06-05 | [U.S. grains: Futures plummet on Midwest weather, profit-taking - Grainews](https://feedsoft.ai/events/8688-u-s-grains-futures-plummet-on-midwest-weather-profit-taking-grainews.md) | -2.6% | -0.6% |
| SOY | 2021-12-04 | [Record soy crop grows, keeping a lid on prices - Taipei Times](https://feedsoft.ai/events/43635-record-soy-crop-grows-keeping-a-lid-on-prices-taipei-times.md) | +0.0% | +6.1% |
| SOY | 2020-01-23 | [Favourable growing conditions forecast for major ag regions - Grainews](https://feedsoft.ai/events/54994-favourable-growing-conditions-forecast-for-major-ag-regions-grainews.md) | -2.3% | -2.3% |
| SOY | 2021-08-26 | [U.S. grains: Corn, soy fall as Midwest rains benefit crops - Grainews](https://feedsoft.ai/events/45594-u-s-grains-corn-soy-fall-as-midwest-rains-benefit-crops-grainews.md) | -5.1% | -4.6% |
| CORN | 2024-04-05 | [Drought Conditions Improving in Much of Midwest \| Red River Farm Network](https://feedsoft.ai/events/13192-drought-conditions-improving-in-much-of-midwest-red-river-farm-network.md) | -2.2% | -0.4% |
| CORN | 2019-06-05 | [U.S. grains: Futures plummet on Midwest weather, profit-taking - Grainews](https://feedsoft.ai/events/8688-u-s-grains-futures-plummet-on-midwest-weather-profit-taking-grainews.md) | +0.9% | -0.2% |
| CORN | 2020-01-23 | [Favourable growing conditions forecast for major ag regions - Grainews](https://feedsoft.ai/events/54994-favourable-growing-conditions-forecast-for-major-ag-regions-grainews.md) | -1.0% | -1.5% |

## Sources

- farmtario.com: https://farmtario.com/markets-business/markets/ontario-crop-prices-under-pressure-from-good-growing-weather/

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