# A return to fundamentals? — This week in the grain markets - RealAgriculture

> Grain markets were mixed in the week to July 25, with corn the weakest as harvest size became clearer. Wheat gained slightly on heat concerns in North America and Argentina, while soybeans were supported by Chinese buying and firm edible oils. The IGC's 6Mt production cut and an Australian crop estimate of 27Mt were also noted.

- Date: 2020-07-25 · published 2020-07-25T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/52150-a-return-to-fundamentals-this-week-in-the-grain-markets-realagriculture
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Heat concerns and the IGC cut support wheat, while a large expected Australian crop and harvest size weigh on corn, so the balance of drivers is mixed.

## Read by commodity

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

## Sources

- realagriculture.com: https://www.realagriculture.com/2020/07/a-return-to-fundamentals-this-week-in-the-grain-markets/

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