# Soybeans, corn supported by weather, broader market - Brownfield Ag News

> Soybeans and corn firmed on commercial and technical buying and broader market strength ahead of the US election. Dry weather forecasts for parts of South America and a faster-than-normal US soybean harvest were noted, and USDA's next supply report was scheduled for November 10.

- Date: 2020-11-03 · published 2020-11-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/50174-soybeans-corn-supported-by-weather-broader-market-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Dry South American weather and tight competitor supplies support US export demand and firmer feed grain prices.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-corn-supported-by-weather-broader-market/

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