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Chicago corn and soybean futures hovered near multi-month lows on June 26, with corn setting life-of-contract lows on favorable U.S. weather. Wheat fell for a fourth day as the U.S. harvest advanced and Russian production forecasts rose.
Agroconsult projected a record 123.3 million tonne Brazilian second corn crop.
Favorable US weather, a record Brazilian crop and higher Russian wheat output keep global supply ample, which points to continued downward pressure on feed grain prices.
grainews.caHeather Schlitz, ReutersJun 26, 2025After 357 past bearish weather events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.3%), and -0.5% over 20.
After 363 past bearish weather events, Soybeans moved a median -0.6% over 5 sessions (42% higher; middle half -2.5% to +1.1%), and -0.2% over 20.
After 334 past bearish weather events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.9% to +1.7%), and -0.2% over 20.
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.
