Soybean and Corn Prices Strengthen Ahead of USDA Report

After 80 past bearish geopolitics events, Wheat (SRW) moved a median -0.4% over 5 sessions (44% higher; middle half -1.4% to +1.9%), and -0.5% over 20.

• Jun 16, 2026Corn, Wheat And Soy All See Prices Drop On Prospect Of US-Iran Deal | ESM Magazine-0.9%
• Feb 26, 2022GRAIN & PRICES WEEKLY REPORT+12.1%
• Jul 27, 2026Soybeans and corn fall more than 2% as oil drops, wheat also down | ZAWYA-2.4%
• Nov 28, 2022China’s COVID protests sink soy, corn prices - Beachner Grain-1.1%
• Mar 14, 2022Ahead of the Open | March 14, 2022 - Pro Farmer-1.8%

After 72 past bullish geopolitics events, Soybeans moved a median +0.4% over 5 sessions (60% higher; middle half -1.0% to +2.5%), and -1.0% over 20.

• Mar 4, 2022How strength in soybean prices is linked to the Black Sea conflict+1.2%
• Apr 22, 2022Winds Of War, Drought Push New-Crop Corn, Soybean Prices Higher-2.4%
• Mar 4, 2022The price of soybean meal increased in Russia+1.2%
• Sep 7, 2026SunSirs: Soybean Meal Futures Strengthen on Mixed Bullish Factors of China, Watch for Correction Risks-0.7%
• Aug 1, 2026Wheat Soars, Pulling up Corn and Soybeans: Outside Markets See Fed Fallout-1.3%

After 323 past bullish geopolitics events, Corn moved a median +0.5% over 5 sessions (57% higher; middle half -1.5% to +2.9%), and +0.9% over 20.

• Mar 4, 2022How strength in soybean prices is linked to the Black Sea conflict+0.8%
• Apr 22, 2022Winds Of War, Drought Push New-Crop Corn, Soybean Prices Higher-0.2%
• Aug 1, 2026Wheat Soars, Pulling up Corn and Soybeans: Outside Markets See Fed Fallout-0.6%
• Jul 15, 2026Wheat Skyrockets as Black Sea Exports Threatened, Pulling up Corn and Soybeans - AgWeb+3.2%
• Aug 28, 2026Corn and wheat prices jump to highest prices in more than three years+0.6%

After 656 past bullish geopolitics events, Crude Oil (Brent) moved a median +1.9% over 5 sessions (63% higher; middle half -2.7% to +6.6%), and +0.7% over 20.

• Jul 31, 2017Oil prices rebound ahead of the session's close+0.4%
• Aug 26, 2024Palm and soybean oil prices rise in response to recovery in crude oil prices-0.2%
• Sep 14, 2018Oil prices rise ahead of deadline for US sanctions on Iran | The National+1.2%
• Dec 22, 2025Canadian dollar rises ahead of GDP data as oil prices climb | Reuters+2.6%
• Mar 2, 2026Diesel and Gasoline Prices Rise on Iran Strikes - TT+31.0%