# Wheat falls as corn, soybeans close mixed - Brownfield Ag News

> Wheat fell while corn and soybeans closed mixed in a session on April 29. Soybean oil eased on profit-taking and speculation that Indonesia's palm oil export ban will end in May, while Brazilian soy meal demand and planting delays in the US were noted.

- Date: 2022-04-29 · published 2022-04-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/41889-wheat-falls-as-corn-soybeans-close-mixed-brownfield-ag-news
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Expectations that Indonesia's palm oil export ban ends could weigh on vegetable oil prices, while US planting delays and Brazilian dryness continue to support corn and soybean meal.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/wheat-falls-as-corn-soybeans-close-mixed/

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