Wheat, Soybeans and Corn: Between Record Exports and Chicago’s Bearish Pressure on Local Prices

After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.

• Oct 29, 2021Oat Prices Reach Record Highs, Economists Aren't Convinced It'll Eat into Corn and Soybean Acres - AgWeb+9.5%
• Apr 23, 2024Chicago wheat futures extend gains - Markets - Business Recorder-1.3%
• Sep 23, 2024Chicago wheat rises on global crop concern - Markets - Business Recorder+11.3%
• May 18, 2018GRAINS-U.S. wheat futures rally; corn, soy firm on hopes for export deal+4.1%
• Mar 1, 2018Weather provides more support in corn, soybeans, and wheat - Brownfield Ag News+1.2%

After 357 past bearish weather events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.3%), and -0.5% over 20.

• Jun 23, 2022Corn, Soybeans and Wheat Prices Plummet Thursday, Weather is Only Part of the Reason Why - AgWeb+1.6%
• Jan 20, 2021Soybeans down for third session on South America rains; wheat, corn fall - Markets - Business Recorder+3.1%
• Jul 29, 2026Soybeans Sink on Weather, Pulling Down Corn and Wheat: Cattle Continue to Recover - AgWeb-3.5%
• Mar 6, 2024Grain Markets: Can We Expect a Rally in Wheat, Corn, and Soybeans Anytime Soon?+2.4%
• Jul 20, 2016Near term weather forecasts pressure soybeans, corn - Brownfield Ag News-1.6%