# U.S. grains: CBOT wheat, soybeans post sharp losses - AgCanada

> CBOT wheat fell 3.2 percent and soybeans hit their lowest in more than nine months on June 13 as fund long liquidation drove the sell-off. Soybean weakness was tied to China trade tensions, after the administration planned tariffs on up to $50 billion of Chinese goods. A media report of possible Chinese retaliation on U.S. soybeans also weighed on prices.

- Date: 2018-06-13 · published 2018-06-13T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/8249-u-s-grains-cbot-wheat-soybeans-post-sharp-losses-agcanada
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Threatened Chinese retaliatory tariffs on U.S. soybeans reduce expected export demand and pressure soybean prices, with wheat moves largely driven by profit-taking.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-07-25 | [U.S. grains: Chicago wheat futures dip on global supply pressure; corn, soybeans fall - AgCanada](https://feedsoft.ai/events/23793-u-s-grains-chicago-wheat-futures-dip-on-global-supply-pressure-corn-soybeans.md) | -4.2% | +3.0% |
| SOY | 2024-01-25 | [U.S. grains: Soybean, soyoil futures slide on weak demand - AgCanada](https://feedsoft.ai/events/6835-u-s-grains-soybean-soyoil-futures-slide-on-weak-demand-agcanada.md) | -1.5% | -7.5% |
| SOY | 2018-02-01 | [U.S. grains: Soybeans fall on weak exports, bumper Brazil harvest - AgCanada](https://feedsoft.ai/events/66531-u-s-grains-soybeans-fall-on-weak-exports-bumper-brazil-harvest-agcanada.md) | -1.3% | +6.2% |
| SOY | 2025-06-02 | [U.S. grains: Soybeans fall to seven-week low; corn eases, wheat climbs - Grainews](https://feedsoft.ai/events/10946-u-s-grains-soybeans-fall-to-seven-week-low-corn-eases-wheat-climbs-grainews.md) | +1.5% | -1.7% |
| SOY | 2024-02-01 | [U.S. grains: Soybeans slide on disappointing US export data; corn also down - AgCanada](https://feedsoft.ai/events/31703-u-s-grains-soybeans-slide-on-disappointing-us-export-data-corn-also-down.md) | -2.7% | -7.7% |
| WHEAT | 2025-07-25 | [U.S. grains: Chicago wheat futures dip on global supply pressure; corn, soybeans fall - AgCanada](https://feedsoft.ai/events/23793-u-s-grains-chicago-wheat-futures-dip-on-global-supply-pressure-corn-soybeans.md) | -1.2% | +0.8% |
| WHEAT | 2020-02-13 | [U.S. grains: Soy up on prospects for Chinese demand - AgCanada](https://feedsoft.ai/events/54655-u-s-grains-soy-up-on-prospects-for-chinese-demand-agcanada.md) | +5.3% | +9.6% |
| WHEAT | 2025-11-06 | [U.S. grains: Soybeans, wheat plummet from highs on limited Chinese demand - Grainews](https://feedsoft.ai/events/8211-u-s-grains-soybeans-wheat-plummet-from-highs-on-limited-chinese-demand-grainews.md) | -4.0% | -1.5% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-grains-cbot-wheat-soybeans-post-sharp-losses

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