# Weekly Analysis: New-Crop Corn, Soybeans and SRW Wheat Markets

> December corn finished the week of June 15 down 15 1/4 cents, and November soybeans fell 59 1/4 cents to $9.30 1/2 after China enacted a 25% tariff on US soybean imports. Analysts said the soybean market has weaker fundamental support, while corn trend depends on US weather and fund liquidation.

- Date: 2018-06-18 · published 2018-06-18T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/10577-weekly-analysis-new-crop-corn-soybeans-and-srw-wheat-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

A 25% Chinese tariff on US soybeans directly cuts export demand, and the weekly declines reflect that loss of support.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-12-27 | [Export sales increase for wheat and corn, soybeans hit marketing-year low - Brownfield Ag News](https://feedsoft.ai/events/26997-export-sales-increase-for-wheat-and-corn-soybeans-hit-marketing-year-low.md) | -0.7% | +5.8% |
| SOY | 2024-05-16 | [Soybeans, corn, wheat continue mostly lower trend - Brownfield Ag News](https://feedsoft.ai/events/10512-soybeans-corn-wheat-continue-mostly-lower-trend-brownfield-ag-news.md) | +2.7% | -2.0% |
| SOY | 2016-07-19 | [Soybeans, corn, wheat give back gains - Brownfield Ag News](https://feedsoft.ai/events/7423-soybeans-corn-wheat-give-back-gains-brownfield-ag-news.md) | -8.8% | -5.1% |
| SOY | 2023-05-17 | [Another down day for soybeans, corn, wheat - Brownfield Ag News](https://feedsoft.ai/events/5017-another-down-day-for-soybeans-corn-wheat-brownfield-ag-news.md) | -3.0% | +1.8% |
| SOY | 2022-06-27 | [Grains Weekly Analysis](https://feedsoft.ai/events/14927-grains-weekly-analysis.md) | +0.9% | -8.6% |
| CORN | 2026-04-10 | [Soybeans hit two-week high as soymeal jumps; corn, wheat sag \| Stock Market News](https://feedsoft.ai/events/11661-soybeans-hit-two-week-high-as-soymeal-jumps-corn-wheat-sag-stock-market-news.md) | +1.0% | +2.2% |
| CORN | 2024-05-16 | [Soybeans, corn, wheat continue mostly lower trend - Brownfield Ag News](https://feedsoft.ai/events/10512-soybeans-corn-wheat-continue-mostly-lower-trend-brownfield-ag-news.md) | +0.1% | +4.6% |
| CORN | 2016-07-19 | [Soybeans, corn, wheat give back gains - Brownfield Ag News](https://feedsoft.ai/events/7423-soybeans-corn-wheat-give-back-gains-brownfield-ag-news.md) | -3.7% | -6.8% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2018/06/18/weekly-analysis-new-crop-corn-srw

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