# Strong end to the week for soybeans, soybean meal - Brownfield Ag News

> Soybeans and soybean meal closed higher on fund and technical buying in the week ending September 27. Corn also gained on harvest delays in the southeastern Corn Belt, while Argentina's planting was about 11% complete amid dry weather.

- Date: 2024-09-27 · published 2024-09-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28386-strong-end-to-the-week-for-soybeans-soybean-meal-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Dry South American planting conditions and US harvest delays support soy and meal prices, while lower barge rates on recent rain ease freight costs for feed grain shipments.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBM | 2024-09-26 | 1 | +4.7% | 3.3 | Fund and technical buying plus Argentine dry-weather planting concerns supported soybean meal gains. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/strong-end-to-the-week-for-soybeans-soybean-meal/

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