# Soybeans, corn, wheat finish lower - Brownfield Ag News

> US soybeans, corn and wheat finished lower on commercial and technical selling and bearish outside markets. Weather forecasts were hot and dry in the near term, and US beans traded at a discount to Brazil. Argentina's Rosario exchange cut its soybean crop estimate to 55.3 million tonnes and raised its corn estimate to 27 million tonnes.

- Date: 2016-06-16 · published 2016-06-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10757-soybeans-corn-wheat-finish-lower-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)

## Why it matters

Routine price moves reflect outside market pressure, while Argentina's lower soybean and higher corn estimates tighten some supply. Overall impact on feed prices is limited.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-corn-wheat-finish-lower/

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