# CBOT soybeans sink on favorable US weather | Reuters

> Chicago soybeans and corn sagged Wednesday as favorable weather was forecast for the US Midwest. The most-active soybean contract settled down 27.25 cents at $11.92.75 and corn fell 8.75 cents to $4.71.75 per bushel. Wheat ticked lower as traders weighed Black Sea export disruptions against large global supplies.

- Date: 2026-07-29 · published 2026-07-29T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/9378-cbot-soybeans-sink-on-favorable-us-weather-reuters
- 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 reduces yield risk and pressures corn and soybean prices, while Black Sea disruptions are offset by ample global wheat stocks, limiting wheat gains.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SOY | 2026-07-30 | 5 | -6.1% | -2.8 | On July 29 soybeans fell 27 cents as better Midwest rain forecasts eased weather risk premium, a major driver of the weekly drop. |
| CORN | 2026-07-30 | 5 | -4.8% | -2.9 | Reuters reports corn fell 8.75 cents on favorable US Midwest weather, easing crop-stress risk premium and weighing on prices. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-06-04 | [Corn and soybeans extend losses as favorable crop weather improves outlook](https://feedsoft.ai/events/10647-corn-and-soybeans-extend-losses-as-favorable-crop-weather-improves-outlook.md) | -2.5% | -4.5% |
| CORN | 2017-01-11 | [Favorable Weather for South America](https://feedsoft.ai/events/72858-favorable-weather-for-south-america.md) | +0.0% | +1.3% |
| CORN | 2019-04-02 | [Favorable Weather Pattern for Brazil](https://feedsoft.ai/events/59424-favorable-weather-pattern-for-brazil.md) | -1.2% | -2.8% |
| CORN | 2026-07-29 | [Soybeans Sink on Weather, Pulling Down Corn and Wheat: Cattle Continue to Recover - AgWeb](https://feedsoft.ai/events/18361-soybeans-sink-on-weather-pulling-down-corn-and-wheat-cattle-continue-to-recover.md) | -3.5% | +5.0% |
| CORN | 2017-02-23 | [Favorable Brazil Harvest Weather](https://feedsoft.ai/events/72329-favorable-brazil-harvest-weather.md) | +1.1% | -2.2% |
| SOY | 2026-06-04 | [Corn and soybeans extend losses as favorable crop weather improves outlook](https://feedsoft.ai/events/10647-corn-and-soybeans-extend-losses-as-favorable-crop-weather-improves-outlook.md) | -2.7% | -1.9% |
| SOY | 2017-01-11 | [Favorable Weather for South America](https://feedsoft.ai/events/72858-favorable-weather-for-south-america.md) | +6.9% | +5.3% |
| SOY | 2026-02-13 | [Weather favors Brazil’s soybean crop \| World Grain](https://feedsoft.ai/events/13448-weather-favors-brazil-s-soybean-crop-world-grain.md) | +0.0% | +6.5% |

## Sources

- reuters.com: https://www.reuters.com/business/us-wheat-rises-black-sea-disruptions-2026-07-29/

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