# Soybeans Still Recovering - AG INFORMATION NETWORK OF THE WEST

> Soybeans recovered after a sharp drop the prior week, with traders watching key price levels in a volatile market. December Chicago wheat closed at 550-1/4 cents, December corn at 366-3/4 cents, and December Kansas City HRW at 482-3/4 cents. Live cattle, feeder cattle and Class III milk prices were also quoted.

- Date: 2020-09-29 · published 2020-09-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/51173-soybeans-still-recovering-ag-information-network-of-the-west
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

This is routine price commentary with no new supply or demand driver. It reflects continued volatility in soybeans and firm wheat and cattle levels.

## Read by commodity

- SOY: neutral
- CORN: neutral
- MILK: neutral
- WHEAT: neutral
- KWHEAT: neutral
- FCATTLE: neutral
- LCATTLE: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| KWHEAT | 2020-09-29 | 1 | +7.1% | 4.5 | Quotes Dec KC HRW at 482-3/4 cents on Sept 29, the level reached after the large one-day move, and shows the market recovering from the prior week's drop, which supports a rebound-driven rally. |

## Sources

- aginfo.net: https://www.aginfo.net/report/47314/Soybeans-Still-Recovering

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