Rain in the Plains Make Grain, So Bears Are in Control of Corn, Soybean, and Wheat Prices Now

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Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTJim WyckoffMon, June 15, 2026 at 9:00 PM GMT+2 4 min readJuly corn (ZCN26) futures on Friday rose 1 cent to $4.12 3/4 and hit a contract low early on. For the week, July corn was down 4 3/4 cents.July soybeans (ZSN26) fell 1 1/2 cents to $11.13 1/2 and for the week were down 8 cents. July soft red winter (SRW) (ZWN26) futures fell 2 1/4 cents to $5.84 1/2 and for the week were up 4 1/2 cents. July hard red winter (HRW) (KEN26) wheat futures lost 1/4 cent to $6.34 1/2 but for the week were up 13 3/4 cents.Corn and soybean market bears are peering over the horizon, weather-wise, and seeing extended forecasts for the Corn Belt that are reaching out into early July with no significant weather perils seen for the U.S. crops. Timely rains in much of the Midwest have soil-moisture profiles looking overall good at present.More News from BarchartBrazil Weather Risks Boost Coffee PricesCoffee Prices Climb on Brazil Harvest DelaysThe New World Screwworm Is Still Center Stage for Cattle Prices. Depending on the Day, It’s Either Bullish or Bearish.