# U.S. grains: Wheat, corn sink to contract lows as large supply weighs - Grainews

> Chicago wheat futures fell to contract lows near their lowest since 2020 as corn and Northern Hemisphere harvest supply weighed. December corn closed at $4.02 a bushel, and soybeans were supported by larger-than-expected export inspections despite weak Chinese demand. USDA prepared to pay out $12 billion in farm subsidies.

- Date: 2025-08-05 · published 2025-08-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/23387-u-s-grains-wheat-corn-sink-to-contract-lows-as-large-supply-weighs-grainews
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Heavy harvest supply and ample US corn expectations keep grain prices under pressure. The subsidy payments support farm income but do little to lift futures.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-grains-wheat-corn-sink-to-contract-lows-as-large-supply-weighs/

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