# LAST WEEK MARKET COMMENT

> US grain futures fell for a third session, with corn, soybeans, meal, soy oil and wheat all lower. Traders watched Brazil's record crop, slowing Chinese demand, and uncertainty over Ukrainian grain exports under the Black Sea deal.

- Date: 2023-04-24 · published 2023-04-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36488-last-week-market-comment
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Broad grain weakness reflects ample South American supply and slowing import demand, keeping near-term feed grain and meal prices under pressure.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- linkedin.com: https://www.linkedin.com/pulse/last-week-market-comment-sandro-filippo-puglisi-7056163427051802624

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