# Corn, soybeans, wheat down ahead of Thanksgiving - Brownfield Ag News

> Soybeans, corn and wheat closed lower ahead of the Thanksgiving holiday on fund and technical selling. Traders noted China's reported willingness to concede on intellectual property, Chinese purchases of Brazilian beans, and over two billion bushels of US corn still in the field.

- Date: 2019-11-27 · published 2019-11-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/56107-corn-soybeans-wheat-down-ahead-of-thanksgiving-brownfield-ag-news
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Harvest delays and large unharvested corn could weigh on near-term prices, while South American supply and Argentine export tax changes remain key export competition factors for feed grains.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/corn-soybeans-wheat-down-ahead-of-thanksgiving/

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