Corn, Wheat Slip as Soybeans Buck the Trend
Corn and wheat trackers fell on Thursday, September 3, 2026, while soybeans edged higher on heavy South American supply and weak Chinese demand. The post Corn, Wheat Slip as Soybeans Buck the Trend appeared first on The Rio Times .
Corn and wheat prices slipped on Thursday, September 3, 2026, as heavy South American supply and reduced Chinese buying put downward pressure on prices. The soybean market bucked the trend, with the SOYB tracker settling at US$27.79, up 0.62 percent. Corn retreated 0.25 percent to US$20.17, while wheat experienced the steepest decline, falling 2.66 percent to US$27.12.
Chicago futures mixed, with December corn down about half a percent and December wheat down roughly 2.5 percent. Brazil's strong northern second-crop corn harvest, nearing 90 percent completion, kept export flows robust and weighed on prices. Weakened Chinese demand and abundant South American supply left the grain export engine running without the demand boost that previously supported soybean and corn rallies.
Currency shifts in Brazil and Argentina influenced export competitiveness, though Thursday's session lacked specific exchange-rate data. Grain trackers closed mostly lower on Thursday, with wheat leading the decline as Black Sea supply concerns faded. The soybean market was the exception, settling higher. The key to watch is China's upcoming soybean purchases; renewed buying could tighten the export pipeline from Brazil and Argentina, reversing the soft tone from Thursday.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
