# World grain market: wheat fell, corn and soybeans rose in Chicago on Friday

> Wheat futures fell on all three US exchanges on September 27 as Black Sea export competition and a cut in the EU wheat crop estimate weighed on prices. Corn rose on adverse weather and higher Russian corn export duties, and soybeans gained on soymeal prices.

- Date: 2024-09-30 · published 2024-09-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/28350-world-grain-market-wheat-fell-corn-and-soybeans-rose-in-chicago-on-friday
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Black Sea export competition keeps wheat under pressure, while Russian export duties and weather support corn and the soy complex.

## Read by commodity

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

## Sources

- tridge.com: https://www.tridge.com/news/world-grain-market-wheat-fell-corn-and-soybe-gnvgxo

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