# As Corn and Soybean Prices Bounce Back, Here’s What Needs to Happen to See Higher Highs - AgWeb

> Corn and soybean futures bounced back on Friday after a historic Thursday collapse, when soybeans had their largest single-day drop since the 1980s. The drop was driven by cooler, wetter forecasts and liquidation by heavily long speculators.

- Date: 2021-06-24 · published 2021-06-24T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/46613-as-corn-and-soybean-prices-bounce-back-here-s-what-needs-to-happen-to-see
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Weather-driven fund liquidation has sharply reset prices, and analysts say sustained gains will require new bullish factors, leaving prices volatile.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Sources

- agweb.com: https://www.agweb.com/news/crops/soybeans/corn-and-soybean-prices-bounce-back-heres-what-needs-happen-see-higher-highs

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