# Crop prices recover  from ‘annihilation’  | FarmersForum.com

> Crop prices fell sharply in the third week of June 2022, with corn down 30-40 cents and soybeans about $1 per bushel, then recovered roughly half of corn and soybean losses by June 28. Ontario analyst Steve Kell attributed the drop to futures investors exiting July contracts ahead of delivery and a larger pool of institutional money in grain.

- Date: 2022-07-06 · published 2022-07-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5053-crop-prices-recover-from-annihilation-farmersforum-com
- 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

Fund-driven liquidation in July contracts amplified the price swing, and the quick rebound suggests underlying supply fundamentals remain supportive for feed grains and oilseeds into harvest.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Sources

- farmersforum.com: https://farmersforum.com/crop-prices-recover-from-annihilation/

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