# US corn and soybean futures decline - Markets - Business Recorder

> US corn and soybean futures declined as weekend rains in the Corn Belt improved soil moisture in dry areas. Crude oil and gold weakness and a firmer dollar also pressured the markets, with December corn at $5.53-3/4 and November soybeans at $13.29-3/4. The USDA rated 64% of corn as good to excellent, up two points.

- Date: 2021-08-10 · published 2021-08-10T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/12610-us-corn-and-soybean-futures-decline-markets-business-recorder
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Improved soil moisture lowers yield risk and weaker crude reduces biofuel-linked demand support for corn and soyoil. Expectations of a USDA production cut in the coming report limit the downside.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼
- WTI: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-06-07 | [Corn, soybeans futures decline on US weather, dollar strength - Markets - Business Recorder](https://feedsoft.ai/events/10646-corn-soybeans-futures-decline-on-us-weather-dollar-strength-markets-business.md) | -0.9% | +0.5% |
| CORN | 2025-07-31 | [Wheat down 1-3 cents, corn down 1-2, soybeans down 1-2 - Markets - Business Recorder](https://feedsoft.ai/events/23790-wheat-down-1-3-cents-corn-down-1-2-soybeans-down-1-2-markets-business-recorder.md) | -2.0% | -1.7% |
| CORN | 2022-01-19 | [Chicago soybean futures fell for a third straight session - Markets - Business Recorder](https://feedsoft.ai/events/10895-chicago-soybean-futures-fell-for-a-third-straight-session-markets-business.md) | +2.1% | +6.9% |
| CORN | 2021-11-02 | [Ohio and Iowa corn notch records - Markets - Business Recorder](https://feedsoft.ai/events/13410-ohio-and-iowa-corn-notch-records-markets-business-recorder.md) | +0.2% | -2.5% |
| CORN | 2026-10-27 | [CBoT corn drops on US harvest pressure - Markets - Business Recorder](https://feedsoft.ai/events/421-cbot-corn-drops-on-us-harvest-pressure-markets-business-recorder.md) | +0.0% | — |
| SOY | 2026-06-07 | [Corn, soybeans futures decline on US weather, dollar strength - Markets - Business Recorder](https://feedsoft.ai/events/10646-corn-soybeans-futures-decline-on-us-weather-dollar-strength-markets-business.md) | -0.7% | +6.7% |
| SOY | 2021-01-20 | [CBOT soyabean futures fall - Markets - Business Recorder](https://feedsoft.ai/events/9540-cbot-soyabean-futures-fall-markets-business-recorder.md) | -1.1% | -0.1% |
| SOY | 2021-01-12 | [CBOT soyabean futures fall on better rains - Markets - Business Recorder](https://feedsoft.ai/events/9542-cbot-soyabean-futures-fall-on-better-rains-markets-business-recorder.md) | +0.8% | +2.0% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40112533

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