# Soybeans bounce, corn stabilizes after Monday's coronavirus crash | Financial Post

> US corn and soybean futures stabilized after a steep Monday selloff tied to coronavirus fears outside China. Wheat fell to fresh lows on technical selling and ample global supplies. Muted Chinese purchases of US soybeans under the Phase 1 deal weighed on prices.

- Date: 2020-02-25 · published 2020-02-25T12:00:00.000Z
- Category: disease · region Global · magnitude low
- Page: https://feedsoft.ai/events/10640-soybeans-bounce-corn-stabilizes-after-monday-s-coronavirus-crash-financial-post
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Persistent weak Chinese import demand and ample wheat supplies keep grain prices under pressure despite short-term rebounds.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-02-20 | [Soybeans drop on China demand worries, wheat near 4-week peak \| Financial Post](https://feedsoft.ai/events/10635-soybeans-drop-on-china-demand-worries-wheat-near-4-week-peak-financial-post.md) | -2.4% | -7.1% |
| CORN | 2021-09-29 | [CME hog futures pause after rally; cattle futures end lower \| Financial Post](https://feedsoft.ai/events/45205-cme-hog-futures-pause-after-rally-cattle-futures-end-lower-financial-post.md) | +1.6% | +2.0% |
| CORN | 2020-02-11 | [China's coronavirus clampdown pushes pork prices towards record](https://feedsoft.ai/events/54564-china-s-coronavirus-clampdown-pushes-pork-prices-towards-record.md) | +0.7% | +0.7% |
| CORN | 2019-09-16 | [China corn industry also hit by African swine fever as demand for pig feed drops \| South China Morning Post](https://feedsoft.ai/events/57090-china-corn-industry-also-hit-by-african-swine-fever-as-demand-for-pig-feed.md) | +3.4% | +8.3% |
| CORN | 2019-12-25 | [African swine fever: China’s chicken farmers feeling the pinch as pork crisis takes toll on poultry industry \| South China Morning Post](https://feedsoft.ai/events/55714-african-swine-fever-china-s-chicken-farmers-feeling-the-pinch-as-pork-crisis.md) | +0.6% | +1.6% |
| SOY | 2022-03-30 | [CoBank: Bird Flu Cases Will Affect Easter Egg Supplies, Prices](https://feedsoft.ai/events/42262-cobank-bird-flu-cases-will-affect-easter-egg-supplies-prices.md) | -0.7% | +5.1% |
| SOY | 2021-03-29 | [Observers Watching ASF in China, Herd Size a Variable Impacting Demand for Feed and Pork \| Farm Policy News \| Illinois](https://feedsoft.ai/events/48102-observers-watching-asf-in-china-herd-size-a-variable-impacting-demand-for-feed.md) | +0.9% | +12.0% |
| SOY | 2025-06-10 | [AEB Addresses Egg Supply \| Prepared Foods](https://feedsoft.ai/events/24213-aeb-addresses-egg-supply-prepared-foods.md) | +1.3% | -4.1% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/soybeans-bounce-corn-stabilizes-after-mondays-coronavirus-crash

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