# U.S. grains: Corn, soy ease on warmer weather - AgCanada

> Chicago soybean, corn and wheat futures settled lower on July 1 after early gains, as improved US weather outlooks boosted crop prospects. The August soybean contract fell 14-3/4 cents to $8.89-3/4, and September corn fell to $4.15-1/2.

- Date: 2019-07-02 · published 2019-07-02T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/58125-u-s-grains-corn-soy-ease-on-warmer-weather-agcanada
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Better weather for delayed crops is bearish for corn and soybean prices by expanding expected production. Renewed trade talks provided only brief support, with traders doubting progress.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-09-11 | [U.S. grains: Soybeans, corn ease on crop-boosting weather - AgCanada](https://feedsoft.ai/events/9148-u-s-grains-soybeans-corn-ease-on-crop-boosting-weather-agcanada.md) | +2.1% | +1.0% |
| WHEAT | 2021-06-17 | [U.S. grains: Corn, soy plunge on weather, broad commodities sell-off - AgCanada](https://feedsoft.ai/events/5762-u-s-grains-corn-soy-plunge-on-weather-broad-commodities-sell-off-agcanada.md) | -7.8% | -12.3% |
| WHEAT | 2018-10-03 | [U.S. grains: Soybeans, corn ease in technical setback - AgCanada](https://feedsoft.ai/events/62574-u-s-grains-soybeans-corn-ease-in-technical-setback-agcanada.md) | -2.7% | +5.5% |
| WHEAT | 2019-04-03 | [U.S. grains: Improving weather view weighs on wheat - AgCanada](https://feedsoft.ai/events/59643-u-s-grains-improving-weather-view-weighs-on-wheat-agcanada.md) | +3.3% | -2.9% |
| WHEAT | 2018-06-19 | [U.S. grains: Corn at contract lows, soy dips below $9 - AgCanada](https://feedsoft.ai/events/10574-u-s-grains-corn-at-contract-lows-soy-dips-below-9-agcanada.md) | -0.7% | -3.1% |
| SOY | 2019-09-11 | [U.S. grains: Soybeans, corn ease on crop-boosting weather - AgCanada](https://feedsoft.ai/events/9148-u-s-grains-soybeans-corn-ease-on-crop-boosting-weather-agcanada.md) | +4.0% | +7.1% |
| SOY | 2021-06-17 | [U.S. grains: Corn, soy plunge on weather, broad commodities sell-off - AgCanada](https://feedsoft.ai/events/5762-u-s-grains-corn-soy-plunge-on-weather-broad-commodities-sell-off-agcanada.md) | -4.4% | -0.1% |
| SOY | 2021-10-21 | [U.S. grains: Soy down on South American weather, technical pressure - AgCanada](https://feedsoft.ai/events/44600-u-s-grains-soy-down-on-south-american-weather-technical-pressure-agcanada.md) | -0.5% | +2.5% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-grains-corn-soy-ease-on-warmer-weather

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