# Corn, Soybeans See Profit Taking: Basis Collapses Pre-Harvest and With No China Buying - AgWeb

> Corn and soybeans fell on August 27 amid end-of-month profit taking after the Pro Farmer tour's lower yield estimate of 182.7 bu/acre versus USDA's 188.8. Soybean basis weakened with no Chinese purchases, though a Chinese delegation was in the US that week. Dry August conditions in the Eastern Corn Belt were noted as a possible yield drag on soybeans.

- Date: 2025-08-27 · published 2025-08-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/23359-corn-soybeans-see-profit-taking-basis-collapses-pre-harvest-and-with-no-china
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Weak basis and missing Chinese demand pressure soybean values despite some yield risk, while corn trades range-bound awaiting harvest yield data. A confirmed Chinese purchase would be the main upside catalyst.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Sources

- agweb.com: https://www.agweb.com/markets/market-analysis/corn-soybeans-see-profit-taking-basis-collapses-pre-harvest-and-no-china-

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