# Grain market week in review - March 9, 2018

> Grain markets in the week ending March 9, 2018 were shaped by the USDA March WASDE report, several export sales announcements, and a sharp soybean price drop. Trade uncertainty grew after proposed US steel and aluminum tariffs and the resignation of White House economic adviser Gary Cohn. Soybeans tested key support while corn and wheat also slipped ahead of the USDA report.

- Date: 2018-03-10 · published 2018-03-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10886-grain-market-week-in-review-march-9-2018
- 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

Tariff uncertainty and weak Chinese buying of US soybeans weigh on soybean prices and make export demand harder to predict. Feed buyers face softer soybean meal and feed grain costs in the near term.

## Read by commodity

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

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/grain-market-week-in-review-march-9-2018

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