# Corn weak, watching weather - Brownfield Ag News

> Soybeans rose modestly on short covering, but most active contracts lost about $0.18 on the week. Corn fell on fund and technical selling, extending a weekly decline, while the weather outlook was described as non-threatening despite dry areas. Chinese soybean demand has fallen due to African swine fever and lower Brazilian protein content, and US-China talks were set to begin in Shanghai.

- Date: 2019-07-26 · published 2019-07-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/58132-corn-weak-watching-weather-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Weak Chinese demand and ample corn supplies weigh on prices, while the Shanghai talks are the main near-term upside risk for soybeans. Feed buyers should watch the outcome for signs of renewed export demand.

## Read by commodity

- SBM: bearish ▼
- SOY: neutral
- CORN: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/corn-weak-watching-weather/

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