# Downtrends in Corn, Wheat, Soybeans Persist and Accelerate

> July corn fell to new contract lows, and July soybeans traded at their lowest spot prices since December 2008. Large speculators remain heavily short corn, and downtrends are seen across corn, wheat and soybeans.

- Date: 2019-05-13 · published 2019-05-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5738-downtrends-in-corn-wheat-soybeans-persist-and-accelerate
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Technical breakdowns and heavy fund selling reflect bearish market momentum, with limited near-term support for corn and soybean prices.

## Read by commodity

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

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2019/05/13/downtrends-corn-wheat-soybeans

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