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Chicago wheat fell to a two-month low on June 8 on abundant global supplies, weak US export demand and advancing Plains harvest. Corn and soybeans also dropped, with corn touching a life-of-contract low of $4.12-1/2 a bushel.
Large Northern Hemisphere crop prospects and weak export demand weigh on grain prices, lowering feed grain input costs. The move is driven by supply expectations rather than a new shock.
brecorder.comReutersJun 8, 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.
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.
