# U.S. grains: Corn, soy hit lows on weather, before technical bounce - Manitoba Co-operator

> U.S. corn futures fell to contract lows and soybeans slid to 3.5-month lows on favorable crop weather and weak demand. Short covering and technical buying then pared the losses. Rising wheat futures also gave some support.

- Date: 2019-09-09 · published 2019-09-09T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/9144-u-s-grains-corn-soy-hit-lows-on-weather-before-technical-bounce-manitoba-co
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Benign Midwest weather is improving yield prospects, which pressures corn and soymeal-linked feed costs, though technical rebounds show support near current levels.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2019-09-09 | 1 | -3.8% | -3.7 | Reports corn falling to contract lows on 2019-09-09 on favorable crop weather and weak demand, directly describing the move's day, though it also notes a partial technical bounce. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-01-29 | [U.S. grains: Soy hits 2-yr lows on South American crop prospects, demand worries - Manitoba Co-operator](https://feedsoft.ai/events/6842-u-s-grains-soy-hits-2-yr-lows-on-south-american-crop-prospects-demand-worries.md) | -0.7% | -7.2% |
| CORN | 2016-07-14 | [U.S. grains: New forecast ends rallies - Manitoba Co-operator](https://feedsoft.ai/events/4942-u-s-grains-new-forecast-ends-rallies-manitoba-co-operator.md) | +3.9% | -0.6% |
| CORN | 2019-07-02 | [U.S. grains: Corn, soy ease on warmer weather - AgCanada](https://feedsoft.ai/events/58125-u-s-grains-corn-soy-ease-on-warmer-weather-agcanada.md) | +2.8% | +1.7% |
| CORN | 2025-06-26 | [U.S. grains: Chicago corn, soy linger at multi-month lows as weather weighs - Grainews](https://feedsoft.ai/events/24226-u-s-grains-chicago-corn-soy-linger-at-multi-month-lows-as-weather-weighs.md) | +4.6% | -1.5% |
| CORN | 2019-09-11 | [U.S. grains: Soybeans, corn ease on crop-boosting weather - AgCanada](https://feedsoft.ai/events/9148-u-s-grains-soybeans-corn-ease-on-crop-boosting-weather-agcanada.md) | +4.2% | +9.2% |
| SOY | 2024-01-29 | [U.S. grains: Soy hits 2-yr lows on South American crop prospects, demand worries - Manitoba Co-operator](https://feedsoft.ai/events/6842-u-s-grains-soy-hits-2-yr-lows-on-south-american-crop-prospects-demand-worries.md) | -1.7% | -6.1% |
| SOY | 2016-07-14 | [U.S. grains: New forecast ends rallies - Manitoba Co-operator](https://feedsoft.ai/events/4942-u-s-grains-new-forecast-ends-rallies-manitoba-co-operator.md) | -9.0% | -9.8% |
| SOY | 2021-10-21 | [U.S. grains: Soy down on South American weather, technical pressure - AgCanada](https://feedsoft.ai/events/44600-u-s-grains-soy-down-on-south-american-weather-technical-pressure-agcanada.md) | -0.5% | +2.5% |

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/daily/u-s-grains-corn-soy-hit-lows-on-weather-before-technical-bounce/

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