# U.S. grains: Soy slips as traders await China deals - AgCanada

> CBOT soybean futures dipped on May 19 as planting pace was fast and China export sales had slowed after a string of earlier purchases. Corn rose on short covering and technical buying, and wheat firmed on deteriorating US winter wheat conditions, with 52% rated good to excellent.

- Date: 2020-05-19 · published 2020-05-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/53162-u-s-grains-soy-slips-as-traders-await-china-deals-agcanada
- 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

Slowing Chinese buying weighs on soybeans, while poorer winter wheat ratings add modest support to wheat prices.

## Read by commodity

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

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-grains-soy-slips-as-traders-await-china-deals

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