# Will the Bull Market in Corn Continue to Pull Up Soybeans and Wheat? - AgWeb

> Grain futures rose early in the session as corn led a rally to new highs on dry conditions in Argentina and excess rain slowing Brazil's soybean harvest and delaying safrinha corn planting. Soybeans lagged corn due to competition from cheaper Brazilian supplies.

- Date: 2025-01-29 · published 2025-01-29T12:00:00.000Z
- Category: weather · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/6895-will-the-bull-market-in-corn-continue-to-pull-up-soybeans-and-wheat-agweb
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Argentine yield losses and delayed Brazilian safrinha planting tighten global corn supply, and corn strength is pulling up wheat and soybean prices.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-05-29 | [Corn, Soybeans and Wheat in the Grips of Drought - AgWeb](https://feedsoft.ai/events/13276-corn-soybeans-and-wheat-in-the-grips-of-drought-agweb.md) | -4.6% | -4.0% |
| CORN | 2021-07-23 | [How record heat could affect the U.S. corn and soybean markets - DTN](https://feedsoft.ai/events/45915-how-record-heat-could-affect-the-u-s-corn-and-soybean-markets-dtn.md) | -1.1% | -2.6% |
| CORN | 2018-03-01 | [Weather provides more support in corn, soybeans, and wheat - Brownfield Ag News](https://feedsoft.ai/events/66079-weather-provides-more-support-in-corn-soybeans-and-wheat-brownfield-ag-news.md) | +0.8% | +1.3% |
| CORN | 2023-06-15 | [Drought Concerns Grow as 57% of Corn, 51% of Soybeans in the U.S. Now Considered to Be in Drought - AgWeb](https://feedsoft.ai/events/35551-drought-concerns-grow-as-57-of-corn-51-of-soybeans-in-the-u-s-now-considered-to.md) | +4.8% | -4.3% |
| CORN | 2021-04-21 | [As Corn Climbs Above $6, Here's What's Behind the Market Move - AgWeb](https://feedsoft.ai/events/10225-as-corn-climbs-above-6-here-s-what-s-behind-the-market-move-agweb.md) | +14.7% | +11.9% |
| WHEAT | 2023-05-29 | [Corn, Soybeans and Wheat in the Grips of Drought - AgWeb](https://feedsoft.ai/events/13276-corn-soybeans-and-wheat-in-the-grips-of-drought-agweb.md) | -1.4% | -1.7% |
| WHEAT | 2018-03-01 | [Weather provides more support in corn, soybeans, and wheat - Brownfield Ag News](https://feedsoft.ai/events/66079-weather-provides-more-support-in-corn-soybeans-and-wheat-brownfield-ag-news.md) | +1.2% | +0.1% |
| WHEAT | 2023-06-15 | [Drought Concerns Grow as 57% of Corn, 51% of Soybeans in the U.S. Now Considered to Be in Drought - AgWeb](https://feedsoft.ai/events/35551-drought-concerns-grow-as-57-of-corn-51-of-soybeans-in-the-u-s-now-considered-to.md) | +4.2% | +0.3% |

## Sources

- agweb.com: https://www.agweb.com/markets/market-analysis/corn-leads-rally-sa-weather-pulling-soybeans-and-wheat

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