# Market Closes - April 26, 2018 - Kentucky Farm Bureau

> CBOT grains closed steady to lower after USDA's weekly export sales report disappointed for corn and soybeans. Market reports said China had not bought US soybeans for two weeks and was focusing on Brazilian supply amid trade friction, while wheat fell sharply and the dollar index rose 0.4% to 91.6.

- Date: 2018-04-26 · published 2018-04-26T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/10864-market-closes-april-26-2018-kentucky-farm-bureau
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Weak US export sales and China's shift to Brazilian beans are bearish for US corn and soybean values and related meal. A firmer dollar also weighs on dollar-priced commodities.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-05-14 | [Market Closes - May 16, 2018 - Kentucky Farm Bureau](https://feedsoft.ai/events/10234-market-closes-may-16-2018-kentucky-farm-bureau.md) | +1.7% | -1.8% |
| CORN | 2019-05-06 | [Market Closes - May 6, 2019 - Kentucky Farm Bureau](https://feedsoft.ai/events/7487-market-closes-may-6-2019-kentucky-farm-bureau.md) | -3.2% | +10.5% |
| CORN | 2019-08-01 | [Market Closes - August 1, 2019 - Kentucky Farm Bureau](https://feedsoft.ai/events/6039-market-closes-august-1-2019-kentucky-farm-bureau.md) | -3.0% | -7.6% |
| CORN | 2018-06-20 | [Tariff Threats Roil Crop Markets \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/10572-tariff-threats-roil-crop-markets-farm-bureau-intel-markets-american-farm-bureau.md) | -0.2% | -1.5% |
| CORN | 2018-04-12 | [Market Perspectives - April 12, 2018 - Page 7 of 11 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/65405-market-perspectives-april-12-2018-page-7-of-11-u-s-grains-and-bioproducts.md) | +0.1% | +3.3% |
| SOY | 2018-05-14 | [Market Closes - May 16, 2018 - Kentucky Farm Bureau](https://feedsoft.ai/events/10234-market-closes-may-16-2018-kentucky-farm-bureau.md) | +0.4% | -4.1% |
| SOY | 2019-05-06 | [Market Closes - May 6, 2019 - Kentucky Farm Bureau](https://feedsoft.ai/events/7487-market-closes-may-6-2019-kentucky-farm-bureau.md) | -3.9% | +6.0% |
| SOY | 2019-08-01 | [Market Closes - August 1, 2019 - Kentucky Farm Bureau](https://feedsoft.ai/events/6039-market-closes-august-1-2019-kentucky-farm-bureau.md) | -1.8% | -1.3% |

## Sources

- kyfb.com: https://www.kyfb.com/federation/newsroom/market-closes-april-26-2018/

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