# After the Bell | August 22, 2024 - Pro Farmer

> December corn fell 4.75 cents to $3.93 1/2 and November soybeans dropped 20 cents to $9.61 1/2 on August 22. Crop tour scouts reported record Illinois corn yields and USDA showed new-crop corn and soybean sales, including a flash sale of 110,490 MT to Mexico.

- Date: 2024-08-22 · published 2024-08-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28886-after-the-bell-august-22-2024-pro-farmer
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Strong crop tour yields point to a large US harvest that weighs on futures, while steady export sales provide some support. A stronger dollar also pressured grain prices that day.

## Read by commodity

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

## Sources

- profarmer.com: https://www.profarmer.com/news/after-bell/after-bell-august-22-2024

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