# Is China Buying Beans? What Pressured Corn, Wheat and Cattle Tuesday? - AgWeb

> Ag Resource Company's Dan Basse believes China bought half a million tons of US soybeans last week. Corn and wheat faced fund selling and cattle prices corrected on the day.

- Date: 2026-06-23 · published 2026-06-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/14572-is-china-buying-beans-what-pressured-corn-wheat-and-cattle-tuesday-agweb
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Reports of Chinese soybean buying support soy demand, but fund liquidation pressured corn, wheat and cattle futures in routine market trading.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼
- WHEAT: bearish ▼
- LCATTLE: bearish ▼

## Sources

- agweb.com: https://www.agweb.com/markets/market-analysis/china-buying-beans-what-pressure-corn-wheat-and-cattle-tuesday

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