However, the futures market told a different story with corn, soybeans and wheat rallying higher after the report. It suggests the grain complex has shifted from trading headlines to trading psychology — and producers should take note. But wheat futures didn’t fall. The common thread across corn, soybeans and wheat is that bearish news no longer carries the same impact it did earlier in the year. And yet, all three markets — corn, soybeans, and wheat — rallied.