Soybean and corn markets are experiencing downward price pressure amid favorable growing conditions and policy changes. US corn conditions are rated 74% "good or excellent," the highest for this time of year since 2016, contributing to ample price pressure with front-month futures near $4 per bushel in July. The Bloomberg Grains Spot Index has remained flat over the past year, contrasting with a 41% gain in gold, highlighting deflationary trends in agricultural commodities. Soybean prices face resistance around the $10.80 per bushel level, a key threshold from 2014-2020, influenced by large supplies from Brazil following a peak near $18 in 2022. Market activity includes significant options trades in soybeans, with Screen Capital buying and selling various call and put spreads at strike prices ranging from 800 to 1100. Additionally, Argentina's reduction of export tariffs and favorable weather in the US have contributed to declines in corn and soybean prices on the Chicago Board of Trade. Outlooks suggest corn prices may trend toward $3 per bushel and soybeans toward $8, with crude oil prices around $40, as low-price trajectories gain momentum amid potential supply shocks.