# Soybean, corn futures touch 1-month highs as crude oil soars — TradingView News

> Soybean and corn futures hit one-month highs on October 23 after crude oil jumped 5% on US sanctions against Rosneft and Lukoil. Wheat rose 1.8% on firm cash markets and fund short-covering. Traders also pointed to prospects for a US-China trade deal.

- Date: 2025-10-23 · published 2025-10-23T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/22424-soybean-corn-futures-touch-1-month-highs-as-crude-oil-soars-tradingview-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Higher crude oil lifts biofuel-linked soybean and corn prices, and US-China trade progress supports soybean demand expectations.

## Read by commodity

- SOY: bullish ▲
- WTI: bullish ▲
- CORN: bullish ▲
- BRENT: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-07-17 | [November Soybean Futures Continue to Climb Higher - AgWeb](https://feedsoft.ai/events/35114-november-soybean-futures-continue-to-climb-higher-agweb.md) | +0.4% | -6.3% |
| SOY | 2023-07-20 | [Palm oil futures hit four-month high as Black Sea tensions escalate](https://feedsoft.ai/events/11938-palm-oil-futures-hit-four-month-high-as-black-sea-tensions-escalate.md) | +3.7% | -10.5% |
| SOY | 2022-04-22 | [Winds Of War, Drought Push New-Crop Corn, Soybean Prices Higher](https://feedsoft.ai/events/13368-winds-of-war-drought-push-new-crop-corn-soybean-prices-higher.md) | -2.4% | -3.3% |
| SOY | 2026-07-24 | [Grains Markets Hit New Highs on Black Sea Attacks, Crude Oil Rally](https://feedsoft.ai/events/18388-grains-markets-hit-new-highs-on-black-sea-attacks-crude-oil-rally.md) | -4.9% | -1.4% |
| SOY | 2026-08-01 | [Wheat Soars, Pulling up Corn and Soybeans: Outside Markets See Fed Fallout](https://feedsoft.ai/events/18386-wheat-soars-pulling-up-corn-and-soybeans-outside-markets-see-fed-fallout.md) | -1.3% | +8.9% |
| CORN | 2026-03-24 | [Urea Futures Surge to Highest Since Oct 2022 on Supply Risks — TradingView News](https://feedsoft.ai/events/20465-urea-futures-surge-to-highest-since-oct-2022-on-supply-risks-tradingview-news.md) | -0.8% | -0.7% |
| CORN | 2023-07-17 | [November Soybean Futures Continue to Climb Higher - AgWeb](https://feedsoft.ai/events/35114-november-soybean-futures-continue-to-climb-higher-agweb.md) | -8.6% | -12.6% |
| CORN | 2022-04-22 | [Winds Of War, Drought Push New-Crop Corn, Soybean Prices Higher](https://feedsoft.ai/events/13368-winds-of-war-drought-push-new-crop-corn-soybean-prices-higher.md) | -0.2% | -2.1% |

## Sources

- tradingview.com: https://www.tradingview.com/news/reuters.com,2025:newsml_L1N3W410D:0-soybean-corn-futures-touch-1-month-highs-as-crude-oil-soars/

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