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Corn, soybean and winter wheat futures posted double-digit losses on Monday despite heat across parts of the US Corn Belt. Traders focused on improving rainfall forecasts, lower crude oil and technical selling, with Brent down more than 6%.
Expected early-August rain reduces near-term production risk, and weaker energy prices lower biofuel-related demand support, pushing feed grain and meal prices down.
agrolatam.comEmily TraskJul 27, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Corn posted a double-digit loss on July 27 as rainfall forecasts improved, crude oil fell (Brent down over 6%) and technical selling hit, driving the start of the 5-day decline.
Double-digit losses on July 27 from improving rain forecasts, lower crude oil and technical selling started the 5-day slide.
Explains the selloff as improving rain forecasts, lower crude and technical selling overriding heat concerns.
