# Grain, Soybean Futures Find Footing After Brazil Rout | Fox Business

> Grain and soybean futures recovered on May 19, 2017, after earlier selloffs. July soybeans rose 0.9% to $9.53 a bushel, and corn and wheat rallied on renewed U.S. rain that has interrupted planting and raised crop damage concerns. Analysts said Brazilian farmer selling had been limited and the real had steadied.

- Date: 2017-05-19 · published 2017-05-19T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/7587-grain-soybean-futures-find-footing-after-brazil-rout-fox-business
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Wet U.S. weather is delaying planting and raising disease risk, which supports corn, soybean and wheat prices.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WHEAT | 2017-05-22 | 1 | +2.7% | 3.4 | Corn and wheat rallied on May 19 as US rain delayed planting and raised crop damage concerns, adding to momentum that carried into May 22. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-12-01 | [Grain, Soybean Futures End Week With a Bounce \| Fox Business](https://feedsoft.ai/events/67502-grain-soybean-futures-end-week-with-a-bounce-fox-business.md) | +0.4% | +6.2% |
| CORN | 2017-05-03 | [Grain, Soybean Futures Lifted by Weather Premium \| Fox Business](https://feedsoft.ai/events/10486-grain-soybean-futures-lifted-by-weather-premium-fox-business.md) | +0.5% | +1.2% |
| CORN | 2017-07-27 | [Drier Weather Pushes Grain, Soybean Futures Higher \| Fox Business](https://feedsoft.ai/events/7124-drier-weather-pushes-grain-soybean-futures-higher-fox-business.md) | -1.3% | -7.0% |
| CORN | 2017-11-17 | [Grain, Soybean Futures Rise; Traders Watch Argentina Weather \| Fox Business](https://feedsoft.ai/events/5282-grain-soybean-futures-rise-traders-watch-argentina-weather-fox-business.md) | +0.8% | +6.3% |
| CORN | 2017-07-14 | [Corn, Soybean Futures Climb After Week of Losses \| Fox Business](https://feedsoft.ai/events/11082-corn-soybean-futures-climb-after-week-of-losses-fox-business.md) | +5.3% | -1.2% |
| SOY | 2017-12-01 | [Grain, Soybean Futures End Week With a Bounce \| Fox Business](https://feedsoft.ai/events/67502-grain-soybean-futures-end-week-with-a-bounce-fox-business.md) | +0.6% | -3.4% |
| SOY | 2017-05-03 | [Grain, Soybean Futures Lifted by Weather Premium \| Fox Business](https://feedsoft.ai/events/10486-grain-soybean-futures-lifted-by-weather-premium-fox-business.md) | +0.8% | -4.4% |
| SOY | 2017-07-27 | [Drier Weather Pushes Grain, Soybean Futures Higher \| Fox Business](https://feedsoft.ai/events/7124-drier-weather-pushes-grain-soybean-futures-higher-fox-business.md) | -2.3% | -5.4% |

## Sources

- foxbusiness.com: https://www.foxbusiness.com/features/grain-soybean-futures-find-footing-after-brazil-rout

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