# Demand props up soybeans, corn - Brownfield Ag News

> Soybeans and corn rose on commercial and technical buying, with solid demand and weather concerns supporting prices. Forecast planting delays could raise US acreage and some corn acres might switch to soybeans. Tunisia bought 92,000 tons of optional-origin milling wheat, and France reported 99% of its corn planted.

- Date: 2017-05-19 · published 2017-05-19T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/10223-demand-props-up-soybeans-corn-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Possible prevented planting and acreage switches could tighten US corn supply and support prices, while strong South American export competition limits soybean upside. The Tunisian purchase supports wheat import demand.

## Read by commodity

- SBM: neutral
- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-03-15 | [Light commercial demand props up soybeans - Brownfield Ag News](https://feedsoft.ai/events/10259-light-commercial-demand-props-up-soybeans-brownfield-ag-news.md) | -1.7% | +2.8% |
| CORN | 2020-07-02 | [Soybeans, corn extend rally - Brownfield Ag News](https://feedsoft.ai/events/12774-soybeans-corn-extend-rally-brownfield-ag-news.md) | +0.9% | -6.0% |
| CORN | 2018-01-19 | [Soybean meal pulls soybeans, corn higher - Brownfield Ag News](https://feedsoft.ai/events/12096-soybean-meal-pulls-soybeans-corn-higher-brownfield-ag-news.md) | +0.7% | +2.0% |
| CORN | 2016-04-20 | [Soybeans surge again - Brownfield Ag News](https://feedsoft.ai/events/7723-soybeans-surge-again-brownfield-ag-news.md) | -0.3% | +2.3% |
| CORN | 2022-07-27 | [Soybeans, soybean products extend gains - Brownfield Ag News](https://feedsoft.ai/events/40517-soybeans-soybean-products-extend-gains-brownfield-ag-news.md) | +3.1% | +5.3% |
| SOY | 2018-03-15 | [Light commercial demand props up soybeans - Brownfield Ag News](https://feedsoft.ai/events/10259-light-commercial-demand-props-up-soybeans-brownfield-ag-news.md) | +0.1% | +3.1% |
| SOY | 2020-07-02 | [Soybeans, corn extend rally - Brownfield Ag News](https://feedsoft.ai/events/12774-soybeans-corn-extend-rally-brownfield-ag-news.md) | +0.5% | -0.2% |
| SOY | 2020-08-26 | [Soybeans up on weather, demand from China - Brownfield Ag News](https://feedsoft.ai/events/51480-soybeans-up-on-weather-demand-from-china-brownfield-ag-news.md) | +4.5% | +11.0% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/demand-props-soybeans-corn/

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