# CBOT soybeans, corn slip on bumper yield forecasts; wheat steadies - Markets - Business Recorder

> Chicago soybeans and corn eased ahead of a US harvest forecast to produce massive yields, with both poised for weekly losses. Wheat firmed as excess harvest rain hurt French and German crops, while Black Sea supplies kept pressure on US wheat.

- Date: 2024-08-18 · published 2024-08-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10470-cbot-soybeans-corn-slip-on-bumper-yield-forecasts-wheat-steadies-markets
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Expected large US harvests keep corn and soybean prices under pressure, while European crop problems provide limited support for wheat.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: neutral

## Sources

- brecorder.com: https://www.brecorder.com/news/40318012

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