# Losses continue in soybeans and corn - Brownfield Ag News

> 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.

- Date: 2026-06-04 · published 2026-06-04T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/7253-losses-continue-in-soybeans-and-corn-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

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.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- WTI: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SOY | 2026-06-04 | 5 | -5.5% | -2.9 | Fund and technical selling, no new Chinese purchases and sluggish exports, plus a slightly larger Argentine crop, pressured prices. |
| CORN | 2026-06-05 | 5 | -5.5% | -3.4 | Fund and technical selling, sluggish exports and favorable weather drove sharp corn declines on June 4. |
| SBM | 2026-06-08 | 5 | -7.8% | -3.2 | Fund and technical selling, no new Chinese purchases, sluggish exports and favorable US weather drove the sharp soybean decline. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/losses-continue-in-soybeans-and-corn/

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