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On June 27, 2025, grain and soybean futures rose overnight as traders weighed dry-weather concerns, while USDA-reported weekly corn and soybean sales fell from the previous week. A forecast for storms and strong winds in central Iowa was accompanied by heat advisories farther east. These are historical prices, sales figures and forecasts—not current market or weather conditions.
1. Grain and soybean futures rose overnight
Successful Farming reported that futures were higher overnight on June 27 amid concerns about dryness in the Canadian Prairies and heat in the U.S. Midwest. The article attributed the outlook for warmer, drier weather in southern Canada and possible early-July crop stress to a Commodity Weather Group note. It also relayed potential yield effects from dryness in the northern U.S. Plains and Canadian Prairies, and possible heat-and-dryness stress to 60% of Europe’s corn crop. Those were the forecaster’s assessments as reported that day, not an independent confirmation of crop damage.
The article cited U.S. Drought Monitor figures showing drought conditions in more than 77% of Nebraska, up from 76% a week earlier. In a nine-state region that includes Iowa and Illinois, 6.1% was in drought as of June 24, down from 7.5% the previous week.
These were the overnight futures prices reported in the June 27 article:
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- December corn: up 6½ cents to $4.27½ per bushel.
- September wheat: up 6 cents to $5.42¾ per bushel.
- Kansas City wheat: up 4½ cents to $5.38¼ per bushel.
- November soybeans: up 6 cents to $10.22½ per bushel.
- Soymeal: up 40 cents to $287.50 per short ton.
- Soy oil: up 0.04 cent to 52.89 cents per pound.
These dated quotes should not be read as live prices.
2. Weekly export sales showed different signals by crop
USDA figures reported for the week ending June 19, 2025, showed lower week-over-week sales for corn and soybeans. Soybean sales were nevertheless above their average for the previous four weeks. Wheat sales also fell from the prior week.
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Corn
Export sales totaled 741,200 metric tons, down 18% from the previous week and 17% from the prior four-week average. Colombia bought 191,000 tons, Japan 178,900 and Mexico 105,300. Egypt canceled 70,700 tons and Turkey canceled 55,000 tons. Exports during the week were 1.47 million tons, down 16% from the previous week.
Soybeans
Sales totaled 402,900 metric tons, down 16% week over week but up 83% from the prior four-week average. Buyers included the Netherlands (63,400 tons), Mexico (60,600), Germany (58,300) and Bangladesh (55,000). An unnamed country canceled 38,600 tons. Weekly exports were 265,600 tons, down 24% from the previous week.
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Wheat
Sales were 255,200 metric tons, compared with 427,200 the previous week. Japan bought 93,600 tons, Mexico 83,200, South Korea 22,500, Jamaica 17,400 and Colombia 14,000. U.S. wheat exports were 256,300 tons, down from 363,500 the previous week.
3. Central Iowa faced a storm forecast as heat spread east
The June 27 forecast called for storms in parts of central Iowa from that evening into the morning of June 28, with strong winds identified as the main concern. More storms were expected over the weekend, though Sunday’s severe-weather risk was described as low. Highs were forecast to reach the upper 90s on Saturday and Sunday.
Farther east, the article reported heat advisories in parts of Illinois, Indiana and Ohio. The forecast heat index reached as high as 101°F in northern Indiana and southern Michigan, with scattered showers expected to offer only limited relief. These were forecasts and advisories for late June 2025, not current alerts.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What to take from this dated briefing
The day’s market gains were reported against a backdrop of weather concerns, while the export-sales report was mixed: corn sales declined against both comparison periods, soybean sales declined week over week but rose against their four-week average, and wheat sales were lower than the previous week. The weather outlook centered on strong-wind storm concerns in central Iowa and heat farther east.
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