# GRAIN MARKETS: Soybean rally hits a snag

> Soybeans gave back about half of Tuesday's double-digit gains on Wednesday, falling about 5 cents. Corn and wheat also traded lower, with wheat losing as much as 2% amid a firmer dollar and high supplies.

- Date: 2017-12-07 · published 2017-12-07T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11624-grain-markets-soybean-rally-hits-a-snag
- 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 profit-taking after a rally leaves feed grain prices little changed in direction, with a firmer dollar and ample supplies limiting upside.

## Read by commodity

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

## Sources

- feedstuffs.com: https://www.feedstuffs.com/grain-market-news/grain-markets-soybean-rally-hits-a-snag

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