# U.S. grains: Soybeans end month up on crop stress - AgCanada

> Chicago soybeans ended August up 2.68% for the month, helped by export activity and dry-weather crop worries, though they fell on the final day. Wheat fell 9.69% in August to its biggest monthly drop since November 2022 as plentiful Russian supplies weighed, while corn lost 6.58% after timely rains helped US crops.

- Date: 2023-08-31 · published 2023-08-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34595-u-s-grains-soybeans-end-month-up-on-crop-stress-agcanada
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Ample Russian wheat supply and good US corn weather point to softer grain prices, while soybean strength reflects residual yield concern that could support feed meal costs.

## Read by commodity

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

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-grains-soybeans-end-month-up-on-crop-stress

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