# Big sales continue to drive markets – Ohio Ag Net | Ohio's Country Journal

> Ohio market commentary covers the end of the 2020 harvest, with vomitoxin affecting some corn. The November 10 WASDE cut US corn and soybean production more than expected, lifting December corn to $4.23, January soybeans to $11.46 and December wheat to $6.085. Cash corn near $4 and soybeans above $11 drew large volumes to market in mid-November.

- Date: 2020-12-02 · published 2020-12-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11434-big-sales-continue-to-drive-markets-ohio-ag-net-ohio-s-country-journal
- 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

The WASDE production cuts underpin corn, soybean and wheat prices, while strong farmer selling and improved corn basis reflect ample near-term movement.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Sources

- ocj.com: https://ocj.com/2020/12/big-sales-continue-to-drive-markets/

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