# Trade, weather pushing grain prices upwards | Iowa Agribusiness Radio Network

> Grain prices rebounded after a steep drop tied to the trade war, with November soybeans up 28 cents on July 31 to above $9. Allendale's Jim McCormick cites warmer, drier forecasts during pod setting and signs that the U.S. and China may return to negotiations ahead of a new round of U.S. tariffs. He also notes corn near $4 may offer sales opportunities.

- Date: 2018-07-31 · published 2018-07-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/64077-trade-weather-pushing-grain-prices-upwards-iowa-agribusiness-radio-network
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Weather risk and hopes for a trade settlement are supporting soybean and corn prices, but a breakdown in talks would reverse those gains.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- iowaagribusinessradionetwork.com: https://iowaagribusinessradionetwork.com/trade-weather-pushing-grain-prices-upwards/

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