# Wheat down 1-3 cents, corn down 1-2, soybeans down 1-2 - Markets - Business Recorder

> Wheat fell 1 to 3 cents as Ukraine's 2025 grain harvest is seen falling to 51-52 million tonnes from about 55 million in 2024 due to poor weather. The European Commission trimmed its EU soft wheat and maize forecasts. Corn and soybeans were also lower on favorable US Midwest weather.

- Date: 2025-07-31 · published 2025-07-31T12:00:00.000Z
- Category: weather · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/23790-wheat-down-1-3-cents-corn-down-1-2-soybeans-down-1-2-markets-business-recorder
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Smaller Ukrainian and EU crops support wheat values, though favorable US weather and strong global harvests limit gains and keep corn and soybeans under pressure.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-02-16 | [US MIDDAY: Wheat climbs - Markets - Business Recorder](https://feedsoft.ai/events/9256-us-midday-wheat-climbs-markets-business-recorder.md) | +1.3% | +0.2% |
| WHEAT | 2023-11-21 | [Soybeans up for 2nd session on Brazilian dryness; wheat rebounds - Markets - Business Recorder](https://feedsoft.ai/events/12256-soybeans-up-for-2nd-session-on-brazilian-dryness-wheat-rebounds-markets.md) | -0.5% | -0.4% |
| WHEAT | 2022-07-28 | [Soybeans jump over 1% to two-week high as US crop faces heat - Markets - Business Recorder](https://feedsoft.ai/events/8745-soybeans-jump-over-1-to-two-week-high-as-us-crop-faces-heat-markets-business.md) | +4.6% | +0.7% |
| WHEAT | 2024-10-16 | [Corn and soybeans regain a little ground after sell-off - Markets - Business Recorder](https://feedsoft.ai/events/27881-corn-and-soybeans-regain-a-little-ground-after-sell-off-markets-business.md) | -1.1% | -1.6% |
| WHEAT | 2021-08-28 | [French soft wheat harvest not completed - Markets - Business Recorder](https://feedsoft.ai/events/45506-french-soft-wheat-harvest-not-completed-markets-business-recorder.md) | +0.2% | +0.5% |
| SOY | 2021-06-21 | [Wheat down 9-11 cents, corn down 13-19 cents, soy down 18-25 cents - Markets - Business Recorder](https://feedsoft.ai/events/7306-wheat-down-9-11-cents-corn-down-13-19-cents-soy-down-18-25-cents-markets.md) | -4.7% | +2.3% |
| SOY | 2021-01-20 | [Soybeans down for third session on South America rains; wheat, corn fall - Markets - Business Recorder](https://feedsoft.ai/events/8238-soybeans-down-for-third-session-on-south-america-rains-wheat-corn-fall-markets.md) | -1.1% | -0.1% |
| SOY | 2021-08-10 | [US corn and soybean futures decline - Markets - Business Recorder](https://feedsoft.ai/events/12610-us-corn-and-soybean-futures-decline-markets-business-recorder.md) | -4.0% | -11.5% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40375578

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