Soybeans rally as U.S. forecast turns hot, dry

After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.

• Jul 29, 2022Soybeans set for biggest weekly gain in 22 years as U.S. Midwest heats up | Financial Post+0.4%
• Oct 6, 2020Dry weather pushes CBOT wheat, soybeans to multi-year peaks | Financial Post+1.2%
• Dec 30, 2022Soybeans set to gain for 4th year amid Argentina drought, China demand | Financial Post-0.5%
• Nov 20, 2020Soybeans at four-year high as demand and weather keep market bubbling | Financial Post+1.2%
• Mar 8, 2021Soybeans hit highest in almost 7 years on S.American crop worry | Financial Post-1.3%

After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.

• Dec 3, 2020Soybeans firm after 2-week low, wheat slips on Australian crop | Financial Post+0.0%
• Feb 14, 2018U.S. grains: Soymeal rally lifts soybean futures - AgCanada-0.2%
• Sep 26, 2024Argentine exchange forecasts soybean harvest at 52 mln tons+2.5%
• Apr 30, 2025Officials raise alarm as country's key crop forecast drops by over 1 million tons — here's what it means for global food prices-1.7%
• Oct 3, 2025Central Brazil Soybeans at Risk With Continued Dry Weather+0.3%

After 334 past bearish weather events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.9% to +1.7%), and -0.2% over 20.

• Jan 19, 2023Soybeans, corn slide on forecasts for much-needed Argentine rains | Financial Post-3.3%
• Nov 27, 2019Soy futures fall to two-month low as favorable rains reach Brazil | Financial Post-0.1%
• Dec 3, 2020Soybeans firm after 2-week low, wheat slips on Australian crop | Financial Post+9.8%
• Jul 26, 2024U.S. grains: Soy tumbles as U.S. rain forecast offers relief | Farmtario-4.8%
• Feb 14, 2018U.S. grains: Soymeal rally lifts soybean futures - AgCanada-0.9%