# U.S. corn, soy, wheat futures hit highest since mid-June | Financial Post

> CBOT corn and soybean futures reached their highest since mid-June on July 1, following the USDA planting report. Soybean export sales of 1.763 million tonnes in the week to June 24 were near the top of forecasts. Wheat futures fell back after reaching their highest since June 10.

- Date: 2021-07-01 · published 2021-07-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46109-u-s-corn-soy-wheat-futures-hit-highest-since-mid-june-financial-post
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Support from the acreage report and firm export demand lifts corn and soybean prices, while wheat's pullback shows it is not following the rally.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SOY | 2021-07-01 | 5 | +9.2% | 2.9 | On July 1 soybeans reached their highest since mid-June after the USDA report, with export sales near the top of forecasts, confirming the end of the 5-day rally. |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/u-s-corn-soy-wheat-futures-hit-highest-since-mid-june

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