# Why the U.S.-China trade deal failed to support soybeans, wheat and corn - MarketWatch

> US grain markets showed little reaction after the Phase 1 deal was made official, with traders saying China would buy only when needed. Wheat has risen year to date for its own reasons unrelated to the deal.

- Date: 2020-01-16 · published 2020-01-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/54945-why-the-u-s-china-trade-deal-failed-to-support-soybeans-wheat-and-corn
- 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

The muted response shows that trade headlines alone are not moving grain prices, so near-term soybean, corn and wheat prices depend more on actual purchase flows.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Sources

- marketwatch.com: https://www.marketwatch.com/story/why-the-us-china-trade-deal-failed-to-support-soybeans-wheat-and-corn-prices-2020-01-16

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