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Commodities

Soybeans Surge on Weather Concerns Amid Wheat Price Dip

Guavy AI Editorial Team Published July 25, 2026

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Wheat

Soybean prices rose on concerns about hot and dry weather affecting crop development in large parts of the region, potentially stressing the crop.

Forecasts for early August indicate that temperatures will be high and precipitation will be low, which is a critical time for soybean growth.

The USDA's updated supply, demand, and production numbers are due out on August 12th, with CONAB's next look at Brazil set for the following day.

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