Chicago soybean futures eased on Monday as favorable U.S. crop weather took the focus away from U.S. strikes on Iran conducted over the weekend.

U.S. grains: Soybeans slump on ‘greenhouse’ weather in US

U.S. grains: Corn, soybeans slip on profit-taking, favourable Midwest weather
U.S. corn and soybean futures fell on Friday as favourable weather in much of the Midwest boosted crop production potential and as traders squared positions ahead of the weekend, analysts said.

Prairie Wheat Weekly: Western Canadian bids rise on dryness
U.S. crop conditions, weaker loonie also raise prices
Dryness on the Canadian Prairies, as well as worsening U.S. winter wheat crop conditions and a weakening Canadian dollar raised Western Canadian wheat bids for the week ended June 19, 2025.

‘Amber waves of grain’ recede in America’s heartland as wheat farmers struggle
Midwestern farmers abandoning wheat crops as profits recede, weather challenges
The Great Plains have long been celebrated for the “amber waves of grain” in the popular hymn “America the Beautiful.” The region’s states produce most of the U.S.-grown crop of hard red winter wheat, favored by bakers for bread. But with prices hovering around $5 (C$6.86) per bushel, U.S. wheat farmers have reached an inflection point, with many forced to either lose money, feed wheat to cattle or kill off the crop.

Feed Grain Weekly: ‘Consistent demand’ despite potential for more dryness
Heat damage reported in some areas
Feed corn and feed barley prices in Western Canada have been competitive as the potential for more dryness remains.

U.S. grains: Wheat surges four per cent on short-covering, lifting corn and soy
Benchmark Chicago Board of Trade wheat futures jumped more than four per cent on Wednesday as weather worries in parts of the United States and Europe, coupled with signs of fresh global export business, prompted speculators to cover short positions, brokers said.

CBOT Weekly: External factors raising wheat prices
Weather, geopolitical risk provide support
Numerous factors caused United States wheat prices to sharply rise during the week ended June 18, 2025.

Have the wheat bear markets run their course?
It looks like the worst of the bear market is over; additional moderate losses can’t be ruled out, but deep declines are unlikely
Wheat futures keep trying to rally. Time after time, the rallies fail. The markets seem stuck in low-level ruts.

Wheat heading, world flush with supply
Weather across the U.S. will have a larger influence on prices through the growing season
Below average temperatures in early June delayed Ontario corn and soybean development. Precipitation levels were considered average. Warmer temperatures were needed to advance crop development and enhance yield potential.

Varied rains leave parts of Manitoba in need of moisture: report
Planting 100 per cent complete
Varied rainfall across Manitoba left many areas of the province still in need of precipitation, with accumulations at 60 per cent of normal in eastern, Interlake and northwestern regions, reported Manitoba Agriculture in its latest weekly crop report.