# Corn Ends Day Down 5¢ | Wednesday, July 31, 2024

> December corn closed down 5-1/4 cents on July 31, 2024, with September futures setting a new contract low. November soybeans rose 1-1/4 cents after setting a fresh contract low earlier in the session, and wheat classes ended mixed.

- Date: 2024-07-31 · published 2024-07-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/29303-corn-ends-day-down-5-wednesday-july-31-2024
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Routine closing moves show corn and soybeans trading near contract lows amid weak fundamentals, supporting lower feed costs, while crude-linked soyoil strength provides brief support.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼
- WHEAT: neutral
- LCATTLE: bearish ▼

## Sources

- agriculture.com: https://www.agriculture.com/corn-down-5cent-or-wednesday-july-31-2024-8686648

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