# Corn, soybeans finish Friday lower

> Corn and soybeans finished lower on Friday as coronavirus concerns and cheaper Brazilian soybean prices weighed on markets. December corn hit a new contract low in February and November soybeans hit a nine-month low. The USDA WASDE report was due March 10 with little expected change in supply.

- Date: 2020-03-06 · published 2020-03-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11274-corn-soybeans-finish-friday-lower
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Brazilian soybean competition and weak export demand signals keep US grain prices under pressure ahead of the WASDE report. Feed buyers may see continued softness in corn and soymeal.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- SORGHUM: neutral

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/corn-soybeans-finish-friday-lower

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