
Chicago soybean futures rose to a six-week high on August 14, 2025 after USDA cut its US soybean planted area estimate. Corn had fallen more than 3% on Tuesday to contract lows after USDA raised its crop outlook.
Wheat recovered slightly from a five-year low.
The smaller US soybean acreage tightens the domestic supply outlook, supporting soybean prices. Lack of Chinese demand and well-supplied South American markets still cap further gains.
After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
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.