# U.S. grains: Soy futures fall to two-month low - AgCanada

> US soybean futures slid to a two-month low on Nov 27, 2019, on technical selling and expectations that rains would aid South American crops. Corn and wheat also fell before the Thanksgiving closure. The most-active soybean contract hit $8.82 a bushel, its lowest since Sept. 20.

- Date: 2019-11-27 · published 2019-11-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/56104-u-s-grains-soy-futures-fall-to-two-month-low-agcanada
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Improved South American weather and lack of a signed China deal weigh on US soybean demand, pressuring soybean and meal prices.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-grains-soy-futures-fall-to-two-month-low

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