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Soybeans edged higher on short covering while closing lower for the week, and corn and wheat dipped on harvest progress and global supply. China's absence from US soybean buying persisted amid tariff tensions, and it bought Argentine and Brazilian beans instead.
India reportedly bought 300,000 tonnes of Argentine soybean oil during the brief export-tax suspension.
Lack of Chinese demand for US soybeans keeps the export outlook weak and pressures soybean and meal prices, while harvest progress weighs on corn and wheat.
brownfieldagnews.comJohn PerkinsSep 26, 2025After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.
After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% over 20.
After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
