# Soybeans, corn, wheat end week on higher note - Brownfield Ag News

> Soybeans, corn and wheat closed the week higher on commercial and technical buying after recent multi-month lows. USDA expects record soybean and corn crops, with some concern over excess soil moisture and harvest delays. Egypt tendered for 55,000 to 60,000 tons of milling wheat.

- Date: 2016-09-16 · published 2016-09-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10181-soybeans-corn-wheat-end-week-on-higher-note-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Record crop expectations cap rallies, but solid export and domestic demand support prices near recent lows. Soybean meal and corn supplies remain ample for feed buyers.

## Read by commodity

- SBM: bullish ▲
- SBO: bearish ▼
- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-corn-wheat-end-week-higher-note-2/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.