Loading…
Soybeans, corn and wheat rallied on March 6 as a weaker dollar, firm crude oil and biodiesel demand lifted prices. Soybean meal rose sharply, and Argentina and southern Brazil faced dry weather affecting crop development.
A weaker dollar and South American dryness support grain and meal prices, while Chinese demand expectations add support. Corn Belt drought concerns before planting could keep prices elevated.
brownfieldagnews.comJohn PerkinsMar 6, 2026After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.
After 453 past bullish weather events, Soybean Meal moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), and +0.5% over 20.
After 184 past bullish weather events, Soybean Oil moved a median +0.3% over 5 sessions (53% higher; middle half -1.9% to +2.4%), and -0.5% over 20.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
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.
