U.S. grains: Soy tumbles as U.S. rain forecast offers relief

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.

• Jan 11, 2017U.S. grains: Wheat hits one-week low on Plains forecasts | Farmtario+0.6%
• Jan 18, 2017U.S. grains: Soy up for fourth session on Argentina crop concerns | Farmtario-1.3%
• Jul 14, 2016U.S. grains: New forecast ends rallies - Manitoba Co-operator+0.7%
• May 2, 2019Feedgrain Focus: New-crop prices tumble on forecast rain - Grain Central-4.8%
• Mar 19, 2018U.S. grains: Wheat tumbles as rains cross drought-hit Plains - Grainews-0.5%

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.

• Jan 11, 2017U.S. grains: Wheat hits one-week low on Plains forecasts | Farmtario+6.9%
• Dec 19, 2019U.S. grains: Soy futures ease on rains in South American forecasts - Grainews+1.0%
• Jul 14, 2016U.S. grains: New forecast ends rallies - Manitoba Co-operator-9.0%
• Mar 19, 2018U.S. grains: Wheat tumbles as rains cross drought-hit Plains - Grainews-2.0%
• Jul 31, 2024Soy tumbles to 2020 lows as rains seen aiding US crops+0.1%

After 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.

• Jan 11, 2017U.S. grains: Wheat hits one-week low on Plains forecasts | Farmtario+0.0%
• May 26, 2022U.S. grains: Rainy forecast pushes soy to three-month high - Grainews-4.6%
• Apr 16, 2018Brazil corn farmers to get relief from late April rain: forecaster | Reuters-0.8%
• Jul 14, 2016U.S. grains: New forecast ends rallies - Manitoba Co-operator+3.9%
• Mar 19, 2018U.S. grains: Wheat tumbles as rains cross drought-hit Plains - Grainews-1.2%