# Markets falter heading into the weekend – The Seam

> September corn settled at $6.04 1/4, down slightly, as rain forecasts across the eastern Corn Belt pressured prices. A USDA sale of 133K MT of corn to China was announced then retracted, and Canada cancelled corn purchases again.

- Date: 2022-07-15 · published 2022-07-15T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/5595-markets-falter-heading-into-the-weekend-the-seam
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Rain in the eastern Corn Belt eases crop stress and Canadian cancellations reduce export demand, both bearish for corn prices, while high European heat is a potential offsetting risk.

## Read by commodity

- CORN: bearish ▼
- DDGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-09-07 | [Tumbling into September — this week in the grain markets - RealAgriculture](https://feedsoft.ai/events/9143-tumbling-into-september-this-week-in-the-grain-markets-realagriculture.md) | -0.9% | +3.4% |
| CORN | 2025-07-28 | [Severe Weather and an End to the Heatwave This Week](https://feedsoft.ai/events/13069-severe-weather-and-an-end-to-the-heatwave-this-week.md) | +0.5% | +0.7% |
| CORN | 2023-06-28 | [The Flush in Grain and Soybean Complex Futures Markets Continued Today](https://feedsoft.ai/events/35579-the-flush-in-grain-and-soybean-complex-futures-markets-continued-today.md) | -7.6% | -0.5% |
| CORN | 2018-11-04 | [Wheat markets mixed during week - Agriculture News Network](https://feedsoft.ai/events/11215-wheat-markets-mixed-during-week-agriculture-news-network.md) | +1.8% | +1.4% |
| CORN | 2022-06-14 | [Turner's Take Ag Marketing \| CBOT Breaks on Better Weather](https://feedsoft.ai/events/7216-turner-s-take-ag-marketing-cbot-breaks-on-better-weather.md) | +0.1% | +4.2% |

## Sources

- theseam.com: https://www.theseam.com/markets-falter-heading-into-the-weekend/

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