# Soybean, corn, wheat prices fall on plummeting futures

> Fastmarkets' weekly recap reports Chicago wheat futures plunging over the week while Tunisia's ODC bought 75,000 tonnes of soft wheat at $268.16 per tonne CFR from Bunge. Black Sea and Australian FOB wheat assessments were down $2-3 per tonne week on week.

- Date: 2026-07-01 · published 2026-07-01T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/18844-soybean-corn-wheat-prices-fall-on-plummeting-futures
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Lower futures and softer Black Sea and Australian export prices point to cheaper wheat supply for feed use. Competitive tender pricing confirms that export markets are well supplied.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/soybean-corn-wheat-prices-fall-on-plummeting-futures/

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