# Soybeans Sink on Weather, Pulling Down Corn and Wheat: Cattle Continue to Recover - AgWeb

> November soybean futures fell 27.75 cents to $11.92 on July 29 as forecast rains for dry parts of the Northwest Corn Belt removed weather premium. Wheat and corn also closed lower while cattle and crude oil rose.

- Date: 2026-07-29 · published 2026-07-29T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/18361-soybeans-sink-on-weather-pulling-down-corn-and-wheat-cattle-continue-to-recover
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Expected August rains in drought-prone soybean areas reduce the crop-risk premium, pressuring soybean, corn and wheat prices heading into the critical pod-filling period.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-06-23 | [Corn, Soybeans and Wheat Prices Plummet Thursday, Weather is Only Part of the Reason Why - AgWeb](https://feedsoft.ai/events/12698-corn-soybeans-and-wheat-prices-plummet-thursday-weather-is-only-part-of-the.md) | +1.3% | -14.2% |
| SOY | 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) | -0.6% | +6.1% |
| SOY | 2026-06-03 | [Grain Market Pain Continues on Weather: Cattle Fall as NWS Nears - AgWeb](https://feedsoft.ai/events/10649-grain-market-pain-continues-on-weather-cattle-fall-as-nws-nears-agweb.md) | -4.4% | -3.3% |
| SOY | 2016-08-24 | [Soybeans, corn down on generally good crop weather - Brownfield Ag News](https://feedsoft.ai/events/10614-soybeans-corn-down-on-generally-good-crop-weather-brownfield-ag-news.md) | -6.6% | -5.7% |
| SOY | 2026-07-29 | [CBOT soybeans sink on favorable US weather \| Reuters](https://feedsoft.ai/events/9378-cbot-soybeans-sink-on-favorable-us-weather-reuters.md) | -4.7% | +1.3% |
| CORN | 2022-06-23 | [Corn, Soybeans and Wheat Prices Plummet Thursday, Weather is Only Part of the Reason Why - AgWeb](https://feedsoft.ai/events/12698-corn-soybeans-and-wheat-prices-plummet-thursday-weather-is-only-part-of-the.md) | +1.6% | -10.7% |
| 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 | 2026-06-03 | [Grain Market Pain Continues on Weather: Cattle Fall as NWS Nears - AgWeb](https://feedsoft.ai/events/10649-grain-market-pain-continues-on-weather-cattle-fall-as-nws-nears-agweb.md) | -4.1% | -6.7% |

## Sources

- agweb.com: https://www.agweb.com/markets/market-analysis/soybeans-sink-weather-pulling-down-corn-and-wheat-cattle-continue-recover

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