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GRAINS-Chicago soybean, corn futures fall; wheat almost flat
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GRAINS-Chicago soybean, corn futures fall; wheat almost flat
Jun 28, 2026 7:08 PM

BEIJING, June 29 (Reuters) - Chicago soybean and corn

futures fell on Monday, while wheat traded almost flat, as

traders adjusted positions ahead of the U.S. Department of

Agriculture's quarterly grain stocks report on Tuesday.

FUNDAMENTALS

* The most-active soybean contract on the Chicago Board of

Trade (CBOT) was down 0.56% at $11.49-3/4 a bushel, as of

0127 GMT, while corn fell 1.02% to $4.37 a bushel. Wheat

was up 0.04% at $5.9 a bushel.

* The U.S. Department of Agriculture is set to release its

quarterly grain stocks report at 12 p.m. EDT (1600 GMT) on

Tuesday, June 30.

* Analysts polled by Reuters expect June 1 stocks of wheat,

soybeans and corn to rise year-on-year, and see farmers planting

about 85.4 million acres of soybeans and 95 million acres of

corn.

* Weather concerns lent some support to the grain markets.

Hotter-than-normal conditions are expected from the Plains to

the Atlantic Coast through July 4, the National Weather Service

said last week.

* Wheat faced pressure from the ongoing U.S. Plains harvest

and ample global supplies.

* In Brazil, farmers had harvested 18.9% of the expected

2026 second corn area, compared with 19.4% at the same time last

year, Patria Agronegocios said.

* Commodity funds were net sellers of CBOT wheat futures,

traders said on Friday.

DATA/EVENTS (GMT)

0900 EU Consumer Confid. Final Jun

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