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NewsSignals AI analysis·Reuters·

Wheat down 8-11 cents, corn and soybeans steady-up 1

Grade Bbearish AI signal$WHEAT$CORN$SOYBEAN
Wheat futures fell 8–11 cents as prospects of renewed Black Sea grain exports increased pressure on prices, while corn and soybeans were nearly unchanged.

Bullish strength: 35/100

  • US exporters sold 101,000 metric tons of corn for 2026/2027 delivery.
  • US exporters sold 136,000 metric tons of soybeans to China for 2026/2027 delivery.
  • Higher oil prices provided some support to corn.

Bearish strength: 65/100

  • Potentially renewed Black Sea shipping access weighed on wheat prices.
  • Russian and Ukrainian grain exports are increasing.
  • Strong harvest prospects and expectations of record US soybean production pressured soybeans.
  • Analysts expect a second-largest-ever US corn harvest, pointing to ample supply.

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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