# Market Snapshot | Risk-off sentiments fuel retreat across ag complex - Pro Farmer

> Grain futures retreated on March 2 as US dollar strength offset gains in crude oil, with soybeans and soymeal lower and soyoil firmer. Analysts cited risk-off trade tied to escalating Middle East tensions, and Brazil's corn estimates were revised.

- Date: 2026-03-02 · published 2026-03-02T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/20218-market-snapshot-risk-off-sentiments-fuel-retreat-across-ag-complex-pro-farmer
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher crude oil supports soyoil and biofuel demand, while a stronger dollar and risk-off sentiment pressure soymeal and corn prices.

## Read by commodity

- DXY: bullish ▲
- SBM: bearish ▼
- SBO: bullish ▲
- SOY: bearish ▼
- WTI: bullish ▲
- CORN: bearish ▼

## Sources

- profarmer.com: https://www.profarmer.com/pro-farmer-max/market-snapshot/market-snapshot-risk-sentiments-fuel-retreat-across-ag-complex

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