{
  "id": 14084149,
  "title": "Soy Fund Slips 0.22% as Corn, Wheat Edge Up | Grains, Oct 12",
  "url": "https://urgent.news/2026/10/13/soy-fund-slips-0-22-as-corn-wheat-edge-up-grains-oct-12",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T00:45:14.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/grains-soy-corn-latam-monday-october-12-2026/"
  },
  "original_language": "en",
  "account": "On Monday, October 12, grain funds experienced minimal movement. The SOYB soybean fund declined by 0.22% to US$27.47, while the CORN fund increased by 0.22% to US$18.46 and the WEAT wheat fund rose 0.20% to US$24.46. These funds, which track Chicago traded futures, serve as proxies for grain prices rather than spot quotes. Monday coincided with Columbus Day in the United States, resulting in the closure of bond markets. RT's calendar did not list any US crop reports or export-sales releases for that day, and we were unable to identify any specific factors driving the minor price shifts. The funds' movements were under a quarter of a percent, indicating they were within normal day-to-day fluctuations. The dollar index rose 0.35% to 102.57, potentially making US farm products more expensive for foreign buyers. Brazil, the world's largest soybean exporter, and Argentina, a leading exporter of soy meal and oil, compete with the United States for buyers in China and other regions. However, US price movements do impact the incomes of Brazilian and Argentine farmers. With flat prices on Monday, there was no new pressure for either side. The SOYB, CORN, and WEAT funds are simple US-listed proxies for grain futures, but they do not reflect the actual cash prices farmers receive. Brazilian and Argentine exporters, operating in local currencies and accounting for freight costs, are not part of this board. Traders will closely monitor the upcoming USDA reports and weather conditions in the southern hemisphere. While we could not verify the settlement of Monday's Chicago contracts, we report the fund values only. The SOYB soybean fund decreased 0.22% to US$27.47, the CORN fund increased 0.22% to US$18.46, and the WEAT wheat fund rose 0.20% to US$24.46. These funds, which hold futures on soybeans, corn, and wheat, are proxies for grain prices, not spot quotes. Both Brazil and Argentina export soy and corn, competing with US farmers for the same buyers. RT's calendar showed no USDA crop report or export-sales release for October 12. This report was generated by The Rio Times' automated newsroom system, and its use of AI is detailed on the site. The report is optimized for landscape viewing.",
  "summary": "The SOYB soybean fund slipped 0.22% on Monday 12 October while the CORN fund added 0.22% and the WEAT wheat fund rose 0.20%, in a quiet US trading day. The post Soy Fund Slips 0.22% as Corn, Wheat Edge Up | Grains, Oct 12 appeared first on The Rio Times .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}