# Soyabeans pause after slide as export, crop prospects assessed - Markets - Business Recorder

> Chicago soybean futures were little changed near a two-week low as traders weighed shifting US crop conditions and export prospects. Strong Chinese demand was offset by a dollar rally that hit a nine-and-a-half-month high and rain forecast for dry northwestern growing areas. Corn and wheat also eased.

- Date: 2021-08-20 · published 2021-08-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12605-soyabeans-pause-after-slide-as-export-crop-prospects-assessed-markets-business
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar makes US exports less competitive and rain in dry areas eases yield concerns, both of which weigh on soybean and corn prices despite solid export sales.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼
- CORN: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40114564

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