# CBOT wheat slides in sympathy with corn and soybeans - Markets - Business Recorder

> CBOT wheat futures closed lower on August 20 on technical selling and spillover weakness from corn and soybeans. Concerns about the health of the global economy also weighed. For the week, the December soft red winter contract fell 5.9%.

- Date: 2021-08-21 · published 2021-08-21T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/45617-cbot-wheat-slides-in-sympathy-with-corn-and-soybeans-markets-business-recorder
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Routine market weakness that follows corn and soybean moves offers little new supply information. Feed buyers may see softer grain prices in the short term, but the underlying tight supply picture is unchanged.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40114686

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