# Corn, soybean, wheat futures plunge ahead of weekend - The Jacobsen

> Chicago Mercantile Exchange grain futures mostly fell on July 26, with August soybeans down 38.5 cents to $10.77 per bushel and September corn down 11.5 cents to $3.94. August soymeal rose $0.90 to $353.30 per short ton, while DDG prices fell in several Midwest markets on weak corn and demand.

- Date: 2024-07-26 · published 2024-07-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/29367-corn-soybean-wheat-futures-plunge-ahead-of-weekend-the-jacobsen
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Lower corn and DDG prices improve feed cost for buyers, while the soymeal gain tightens the feed protein picture modestly.

## Read by commodity

- SBM: bullish ▲
- SOY: bearish ▼
- CORN: bearish ▼
- DDGS: bearish ▼

## Sources

- thejacobsen.com: https://thejacobsen.com/2024/07/26/corn-soybean-wheat-futures-plunge-ahead-of-weekend/

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