# Soybeans turn down on U.S. harvest pressure; corn, wheat climb | Financial Post

> CBOT November soybeans fell about 5 cents to $9.97 a bushel on harvest pressure and favorable Midwest weather. December corn rose slightly to $3.67 and December wheat gained to $5.48-3/4. Traders were positioning ahead of USDA quarterly stocks reports due midweek.

- Date: 2020-09-28 · published 2020-09-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/51172-soybeans-turn-down-on-u-s-harvest-pressure-corn-wheat-climb-financial-post
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Harvest selling and storage incentives shape near-term supply, with soybean farmers selling promptly and corn held back. Robust Chinese soybean demand still supports nearby soy values.

## Read by commodity

- SOY: bearish ▼
- CORN: neutral
- WHEAT: bullish ▲

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/soybeans-turn-down-on-u-s-harvest-pressure-corn-wheat-climb

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