# Wheat down 9-11 cents, corn down 13-19 cents, soy down 18-25 cents - Markets - Business Recorder

> CBOT wheat, corn and soybeans fell on June 21, 2021, with July corn down about 13.5 cents. Rain in parts of the U.S. Midwest eased dryness concerns, while Russian new-crop wheat export prices fell on expectations of a good Black Sea harvest. China's May corn imports rose to 3.16 million tonnes.

- Date: 2021-06-21 · published 2021-06-21T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/7306-wheat-down-9-11-cents-corn-down-13-19-cents-soy-down-18-25-cents-markets
- 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

Rain-driven easing of U.S. drought risk and cheaper Black Sea wheat supplies weigh on feed grain and wheat prices. Strong Chinese import demand provides only partial support.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WHEAT | 2021-06-25 | 5 | -6.6% | -2.9 | On June 21 wheat fell 9-11 cents on Midwest rain and lower Russian new-crop export prices, with expectations of a good Black Sea harvest adding supply pressure. |
| WHEAT | 2021-06-21 | 1 | -5.4% | -4.3 | Same-day (June 21) CBOT wheat selloff on Midwest rain easing dryness concerns and lower Russian new-crop export prices from a good Black Sea harvest outlook, which directly pressures SRW. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-07-31 | [Wheat down 1-3 cents, corn down 1-2, soybeans down 1-2 - Markets - Business Recorder](https://feedsoft.ai/events/23790-wheat-down-1-3-cents-corn-down-1-2-soybeans-down-1-2-markets-business-recorder.md) | -2.0% | -1.7% |
| CORN | 2021-01-20 | [Soybeans down for third session on South America rains; wheat, corn fall - Markets - Business Recorder](https://feedsoft.ai/events/8238-soybeans-down-for-third-session-on-south-america-rains-wheat-corn-fall-markets.md) | +3.1% | +2.1% |
| CORN | 2021-08-10 | [US corn and soybean futures decline - Markets - Business Recorder](https://feedsoft.ai/events/12610-us-corn-and-soybean-futures-decline-markets-business-recorder.md) | +1.7% | -6.0% |
| CORN | 2021-03-25 | [Wheat nears 3-month low on supply prospects; soy, corn also decline - Markets - Business Recorder](https://feedsoft.ai/events/12661-wheat-nears-3-month-low-on-supply-prospects-soy-corn-also-decline-markets.md) | +1.0% | +7.5% |
| CORN | 2021-11-02 | [Ohio and Iowa corn notch records - Markets - Business Recorder](https://feedsoft.ai/events/13410-ohio-and-iowa-corn-notch-records-markets-business-recorder.md) | +0.2% | -2.5% |
| WHEAT | 2021-05-10 | [Paris wheat drops - Markets - Business Recorder](https://feedsoft.ai/events/11412-paris-wheat-drops-markets-business-recorder.md) | +3.5% | -1.9% |
| WHEAT | 2021-01-20 | [Soybeans down for third session on South America rains; wheat, corn fall - Markets - Business Recorder](https://feedsoft.ai/events/8238-soybeans-down-for-third-session-on-south-america-rains-wheat-corn-fall-markets.md) | +4.0% | +2.6% |
| WHEAT | 2021-08-10 | [US corn and soybean futures decline - Markets - Business Recorder](https://feedsoft.ai/events/12610-us-corn-and-soybean-futures-decline-markets-business-recorder.md) | +3.4% | +5.1% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40101806

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