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NewsSignals AI analysis·Reuters·

Corn, soy bids mixed amid harvest progress

Grade Bbearish AI signal$CORN$SOYBEAN
US corn futures extended their losing streak to five consecutive weeks, falling about 15% over the past five weeks as growing harvest supplies and fund liquidation weighed on prices. Corn settled down 3.5 cents at $4.47¾ per bushel, while soybeans closed down 0.5 cent at $12.34¼ despite export sales of 297,150 metric tons to unknown destinations for 2026/27 delivery. Continued harvest supplies and potential harvest delays from weekend rains could intensify volatility in grain markets, while export demand may offer some support to soybeans.

Bullish strength: 25/100

  • US soybean export sales totaled 297,150 metric tons for 2026/27 delivery.
  • Bargain-buying and signs of export demand supported soybean futures during the session.
  • Forecast rainfall could slow harvest progress.

Bearish strength: 75/100

  • Corn futures recorded a fifth consecutive weekly loss.
  • Corn prices have fallen approximately 15% over five weeks.
  • Growing US harvest supplies and fund liquidation pressured corn.
  • Soybeans recorded a third consecutive weekly loss.
  • Deferred soybean futures contracts ended lower.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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