# A bad combination for grain prices - Brownfield Ag News

> University of Minnesota economist Ed Usset says that weather is the main price driver this time of year, with trade a significant but secondary factor, estimating a 60/40 split. U.S. crop condition ratings are at their highest in more than 20 years while trade tensions with China and Mexico are peaking. He sees a late June or early July rally as unlikely.

- Date: 2018-06-15 · published 2018-06-15T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/64552-a-bad-combination-for-grain-prices-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Strong crop ratings and trade-related weakness point to lower corn and soybean prices, and the lack of a likely rally means feed buyers can expect softer spot values.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SOY | 2018-06-14 | 5 | -6.6% | -2.9 | Economist attributes bearish grain pricing to top crop ratings (weather ~60%) and peaking trade tensions with China (~40%), covering both supply and demand drivers. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-07-13 | [Big drop for corn, soybeans, and wheat - Brownfield Ag News](https://feedsoft.ai/events/6475-big-drop-for-corn-soybeans-and-wheat-brownfield-ag-news.md) | +0.3% | -1.2% |
| CORN | 2024-12-30 | [Wet spring, dry summer a theme for 2024 - Brownfield Ag News](https://feedsoft.ai/events/13128-wet-spring-dry-summer-a-theme-for-2024-brownfield-ag-news.md) | +1.1% | +4.8% |
| CORN | 2021-07-09 | [Corn down ahead of expected weekend rain - Brownfield Ag News](https://feedsoft.ai/events/10341-corn-down-ahead-of-expected-weekend-rain-brownfield-ag-news.md) | -6.6% | -7.9% |
| CORN | 2021-12-13 | [Soybeans, corn down after rain in South America - Brownfield Ag News](https://feedsoft.ai/events/9262-soybeans-corn-down-after-rain-in-south-america-brownfield-ag-news.md) | -0.1% | +0.8% |
| CORN | 2023-12-04 | [Yields surprise in dry sections of Corn Belt - Brownfield Ag News](https://feedsoft.ai/events/13226-yields-surprise-in-dry-sections-of-corn-belt-brownfield-ag-news.md) | +1.7% | +3.1% |
| SOY | 2017-07-13 | [Big drop for corn, soybeans, and wheat - Brownfield Ag News](https://feedsoft.ai/events/6475-big-drop-for-corn-soybeans-and-wheat-brownfield-ag-news.md) | -1.7% | -5.3% |
| SOY | 2021-12-13 | [Soybeans, corn down after rain in South America - Brownfield Ag News](https://feedsoft.ai/events/9262-soybeans-corn-down-after-rain-in-south-america-brownfield-ag-news.md) | +1.4% | +8.4% |
| SOY | 2023-12-04 | [Yields surprise in dry sections of Corn Belt - Brownfield Ag News](https://feedsoft.ai/events/13226-yields-surprise-in-dry-sections-of-corn-belt-brownfield-ag-news.md) | -1.6% | -3.8% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/a-bad-combination-for-grain-prices/

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