# Soybeans, corn down on harvest pressure - Brownfield Ag News

> Soybeans and corn eased on fund and technical selling as the US harvest advanced to 20% for soybeans and 15% for corn. Mexico bought 100,000 tonnes of 2020/21 US soybeans, while Chinese demand is expected to slow during the Mid-Autumn Festival holiday.

- Date: 2020-09-30 · published 2020-09-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/51138-soybeans-corn-down-on-harvest-pressure-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), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Harvest pressure and a expected slowdown in Chinese buying weigh on near-term prices, though steady Mexican purchases and the pending USDA stocks report provide some support.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/soybeans-corn-down-on-harvest-pressure/

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