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Soybean and corn futures fell sharply on June 4, 2026 amid fund and technical selling, with no new reported Chinese soybean purchases and sluggish export demand. Wheat also declined as USDA weekly export sales showed cancellations offsetting new 2026-27 sales.
Weather has been mostly favorable for US crops, while Argentina's soybean harvest nears completion with a slightly larger crop than expected.
Favorable US weather and weak export demand add supply pressure, and sharply lower energy and soybean meal prices weighed on soy complex values. Wheat remains priced above competitors, limiting export competitiveness and pressuring prices.
brownfieldagnews.comMeghan GrebnerJun 4, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Fund and technical selling, no new Chinese purchases and sluggish exports, plus a slightly larger Argentine crop, pressured prices.
Fund and technical selling, sluggish exports and favorable weather drove sharp corn declines on June 4.
Fund and technical selling, no new Chinese purchases, sluggish exports and favorable US weather drove the sharp soybean decline.
