# Demand expectations support soybeans, corn - Brownfield Ag News

> Soybeans rose on commercial and technical buying, with soybean meal and oil following higher. NOPA reported July crush of 143.7 million bushels, below expectations. Corn also firmed, with crop conditions steady at 74% good to excellent and the market looking for a possible bottom.

- Date: 2016-08-15 · published 2016-08-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11869-demand-expectations-support-soybeans-corn-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A weaker-than-expected crush points to softer meal output, which is supportive for soybean meal prices. Corn's firmer tone reflects a belief that prices have bottomed despite a potentially record crop.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/demand-expectations-support-soybeans-corn/

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