# U.S. grains: Wheat futures drop sharply - Grainews

> CBOT soft red winter wheat futures fell 1.8% on Tuesday in profit-taking and technical selling, their biggest loss in two months. Corn closed mixed as slow US harvest pace supported cash basis, and soybeans eased on concerns over US-China trade talks.

- Date: 2019-12-03 · published 2019-12-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55614-u-s-grains-wheat-futures-drop-sharply-grainews
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Routine price moves with no new fundamental shock, though slow corn harvest and cash basis support keep feed grain values firm.

## Read by commodity

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

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-grains-wheat-futures-drop-sharply/

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