# Grain markets see wide swings | Food Business News | July 13, 2016 12:10

> Corn, wheat and soybean futures swung widely on early-July rain that eased Midwest dryness, USDA acreage and stocks reports with some surprises, and the Brexit vote that lifted the dollar. December corn gained 80 cents from April 1 to June 17 before falling 95 cents, reaching contract lows, and corn futures hit 20-month lows the prior week.

- Date: 2016-07-13 · published 2016-07-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7500-grain-markets-see-wide-swings-food-business-news-july-13-2016-12-10
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Weather relief and bearish USDA data pushed corn lower, while a stronger dollar pressures US grain export competitiveness, leaving the market sensitive to late-summer weather.

## Read by commodity

- DXY: bullish ▲
- SOY: neutral
- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- foodbusinessnews.net: https://www.foodbusinessnews.net/articles/10447-grain-markets-see-wide-swings

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