# Soybeans firm, with corn mixed, wheat down - Brownfield Ag News

> Soybeans closed higher on fund and technical buying, supported by strong soyoil and vegetable oil prices and bullish crush margins. Soymeal fell, with December closing below $300 per ton, while wheat ended down. Corn was mixed, with export sales still above average.

- Date: 2024-10-31 · published 2024-10-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/27987-soybeans-firm-with-corn-mixed-wheat-down-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Strong oil values and crush margins support soybean demand, while weaker meal values pull on the feed-protein price. Wheat's decline reflects weaker sentiment in the grain complex.

## Read by commodity

- SBM: bearish ▼
- SOY: bullish ▲
- CORN: neutral
- WHEAT: bearish ▼

## Sources

- brownfieldagnews.com: https://www.brownfieldagnews.com/market-news/soybeans-firm-with-corn-mixed-wheat-down/

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