# First Thing Today | April 14, 2023 - Pro Farmer

> Soybeans fell overnight after a weak close on Thursday, while wheat was mostly lower and corn was mixed. The U.S. is weighing action against China over shortfalls in Phase 1 trade deal purchase commitments, according to Deputy USTR Sarah Bianchi.

- Date: 2023-04-14 · published 2023-04-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/14850-first-thing-today-april-14-2023-pro-farmer
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Routine overnight declines pressure soybean prices, and possible U.S. penalties on China add some trade risk. Without a formal action, the price effect remains modest.

## Read by commodity

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

## Sources

- profarmer.com: https://www.profarmer.com/news/agriculture-news/first-thing-today-april-14-2023

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