# Chicago Soybeans Drop on Abundant Global Supply, Wheat and Corn Also Fall

> Chicago soybeans fell 0.6% to $10.14 a bushel, corn fell 0.8% to $3.96 and wheat dropped 0.9% to $5.33-1/2 on abundant global supplies and benign US Midwest weather. The US and EU struck a framework trade deal imposing a 15% tariff on most EU goods, and weak US export sales weighed on soybeans.

- Date: 2025-07-28 · published 2025-07-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/23800-chicago-soybeans-drop-on-abundant-global-supply-wheat-and-corn-also-fall
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Large US and global crops and weak export demand point to lower grain prices. The US-EU deal eased trade-war fears, but its agricultural tariff details remain unclear.

## Read by commodity

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

## Sources

- agriculture.com: https://www.agriculture.com/partners-chicago-soybeans-drop-on-abundant-global-supply-wheat-and-corn-also-fall-11780105

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