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Grain and soy futures had a sharp losing week, with July corn hitting contract lows and soybeans and wheat at multi-month lows. Commitments of Traders data showed large speculators liquidating long positions built during the Iran war, and managed money increased its net short in Chicago SRW wheat by 39,165 contracts, the largest weekly bear move on record for that contract.
The Bloomberg Grains Index has fallen about 12% from a two-and-a-half-year high.
Heavy fund liquidation and favorable U.S. growing weather have pushed corn, soybeans and wheat lower, and markets are now technically oversold. Feed grain and meal costs are falling, but a rebound is possible if buyers return.
profarmer.comBill WattsJun 9, 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.
