# Soybeans, corn up, still waiting for trade deal details - Brownfield Ag News

> Soybeans and corn rose modestly on commercial and technical buying while the market awaited details of the US-China trade deal. China is expected to resume buying around January 1, 2019, when Brazil's old crop runs out. November US soybean exports were about 5 million tons, double the level of November 2017.

- Date: 2018-12-04 · published 2018-12-04T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/5833-soybeans-corn-up-still-waiting-for-trade-deal-details-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Expected Chinese demand supports US soybeans and soybean meal before the large Brazilian crop arrives. Uncertainty over the deal's details limits how far prices can rise.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-02-01 | [Soybeans, corn up, but waiting for more details on China - Brownfield Ag News](https://feedsoft.ai/events/60636-soybeans-corn-up-but-waiting-for-more-details-on-china-brownfield-ag-news.md) | -0.2% | -1.7% |
| SOY | 2019-09-13 | [Soybeans up, waiting for more on China - Brownfield Ag News](https://feedsoft.ai/events/9441-soybeans-up-waiting-for-more-on-china-brownfield-ag-news.md) | +1.1% | +4.6% |
| SOY | 2021-01-26 | [Rally continues for soybeans, corn, wheat - Brownfield Ag News](https://feedsoft.ai/events/4062-rally-continues-for-soybeans-corn-wheat-brownfield-ag-news.md) | +1.6% | +4.7% |
| SOY | 2018-12-03 | [Soybeans, corn up, but off day's highs - Brownfield Ag News](https://feedsoft.ai/events/5834-soybeans-corn-up-but-off-day-s-highs-brownfield-ag-news.md) | +1.7% | +0.0% |
| SOY | 2016-10-27 | [Demand supports soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/9242-demand-supports-soybeans-corn-brownfield-ag-news.md) | -3.3% | +3.6% |
| CORN | 2019-02-01 | [Soybeans, corn up, but waiting for more details on China - Brownfield Ag News](https://feedsoft.ai/events/60636-soybeans-corn-up-but-waiting-for-more-details-on-china-brownfield-ag-news.md) | -0.3% | -0.8% |
| CORN | 2019-09-13 | [Soybeans up, waiting for more on China - Brownfield Ag News](https://feedsoft.ai/events/9441-soybeans-up-waiting-for-more-on-china-brownfield-ag-news.md) | +3.9% | +5.5% |
| CORN | 2021-01-26 | [Rally continues for soybeans, corn, wheat - Brownfield Ag News](https://feedsoft.ai/events/4062-rally-continues-for-soybeans-corn-wheat-brownfield-ag-news.md) | +5.1% | +1.5% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-corn-up-still-waiting-for-trade-deal-details/

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