# Corn firm, watching harvest weather - Brownfield Ag News

> Soybeans fell on fund selling after China bought 252,000 tons of 2019/20 U.S. beans, some likely tariff-free under Beijing's waivers, with trade talks set to resume. Corn rose modestly on short covering, while weekly export sales were bearish amid South American and Ukrainian competition and African swine fever.

- Date: 2019-10-03 · published 2019-10-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5905-corn-firm-watching-harvest-weather-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Chinese purchases and a possible trade deal support soybean demand, while competition from South America and weak corn export sales limit gains; soybean oil strength and softer meal reflect product spread shifts.

## Read by commodity

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

## Sources

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

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