Grains Weaken as Rainy Outlook Dampens Market Enthusiasm
Grain futures slipped overnight due to waning market enthusiasm, with corn and soybean prices down 2.75 cents and 2.75 cents respectively.
The National Weather Service forecasts unrelenting heavy rains in parts of the Corn Belt, leading to flash flooding concerns.
Pro Farmer crop consultant Dr. Michael Cordonnier left his 2026 U.S. corn yield forecast unchanged at 177.0 bu/ac, with a neutral-to-lower bias.