# Soybeans jump over 1% to two-week high as US crop faces heat - Markets - Business Recorder

> Chicago soybeans rose for a fifth straight session to their highest in more than two weeks as hot, dry conditions in the U.S. Midwest threatened yields. Wheat gained on doubts about Black Sea supplies despite the agreement to reopen Ukrainian exports.

- Date: 2022-07-28 · published 2022-07-28T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/8745-soybeans-jump-over-1-to-two-week-high-as-us-crop-faces-heat-markets-business
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Dry weather threatens pod development and yields, and doubts over Black Sea wheat supply add upside pressure to grain prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-08-28 | [Soybeans at 1-month high, corn firm as hot, dry weather hits US crops - Markets - Business Recorder](https://feedsoft.ai/events/34585-soybeans-at-1-month-high-corn-firm-as-hot-dry-weather-hits-us-crops-markets.md) | -1.8% | -6.0% |
| SOY | 2023-02-21 | [Corn near 1-week high on Argentina supply woes, soybeans firm - Markets - Business Recorder](https://feedsoft.ai/events/37347-corn-near-1-week-high-on-argentina-supply-woes-soybeans-firm-markets-business.md) | -0.6% | -2.7% |
| SOY | 2021-02-16 | [Wheat at one-week high as freezing US weather in focus - Markets - Business Recorder](https://feedsoft.ai/events/9253-wheat-at-one-week-high-as-freezing-us-weather-in-focus-markets-business-recorder.md) | +0.9% | +3.5% |
| SOY | 2024-05-03 | [Soybeans, corn head for weekly gains as floods hit Brazil - Markets - Business Recorder](https://feedsoft.ai/events/10963-soybeans-corn-head-for-weekly-gains-as-floods-hit-brazil-markets-business.md) | +0.2% | +1.3% |
| SOY | 2024-05-06 | [Soybeans ease from 6-week high, but Brazilian crop woes limit downside - Markets - Business Recorder](https://feedsoft.ai/events/11631-soybeans-ease-from-6-week-high-but-brazilian-crop-woes-limit-downside-markets.md) | +0.3% | -1.4% |
| CORN | 2023-08-28 | [Soybeans at 1-month high, corn firm as hot, dry weather hits US crops - Markets - Business Recorder](https://feedsoft.ai/events/34585-soybeans-at-1-month-high-corn-firm-as-hot-dry-weather-hits-us-crops-markets.md) | -1.3% | -8.5% |
| CORN | 2023-02-21 | [Corn near 1-week high on Argentina supply woes, soybeans firm - Markets - Business Recorder](https://feedsoft.ai/events/37347-corn-near-1-week-high-on-argentina-supply-woes-soybeans-firm-markets-business.md) | -4.0% | -5.1% |
| CORN | 2021-02-16 | [Wheat at one-week high as freezing US weather in focus - Markets - Business Recorder](https://feedsoft.ai/events/9253-wheat-at-one-week-high-as-freezing-us-weather-in-focus-markets-business-recorder.md) | +1.5% | -3.8% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40188686

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