# U.S. grains: Corn, soy, wheat futures ease in setback from surges - AgCanada

> US corn, soybean and wheat futures eased on March 1 after the previous week's rallies. Corn fell 9 1/4 cents to $5.38 1/4 and soybeans dropped 13 cents to $13.91 1/4, while Sovecon raised its Russian wheat export forecast and StoneX lifted Brazil's soybean crop estimate to 133.5 million tonnes.

- Date: 2021-03-01 · published 2021-03-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/48141-u-s-grains-corn-soy-wheat-futures-ease-in-setback-from-surges-agcanada
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Traders expect limited downside because of strong Chinese demand and tight US soybean supplies, while a higher Russian wheat export outlook and a larger Brazilian crop add some supply offset to prices.

## Read by commodity

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

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-grains-corn-soy-wheat-futures-ease-in-setback-from-surges

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