2026-07-06

With 200 locations worldwide and 2,500 journalists, Reuters is one of the largest news agencies in the world. Reuters has remained true to the Trust Principles of independence, integrity, and freedom from bias, working relentlessly to bring news from the source and from every corner of the world. CHICAGO, July 6 (Reuters) - Benchmark Chicago corn and soybean futures climbed to one-month highs on Monday, each rising nearly 4%, as worries about crop weather in the Midwest and Europe, and speculation about Chinese demand, spurred buying after a U.S. holiday weekend. Ahead of the U.S. Department of Agriculture’s weekly crop progress report due later on Monday, analysts surveyed by Reuters on average expected the agency to raise its U.S. soybean ratings while leaving corn ratings unchanged. A smaller-than-expected quarterly reading of U.S. corn stocks released by the USDA last week magnified the importance of 2026 production prospects.

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