# Soybeans mixed, corn mostly firm after USDA report - Brownfield Ag News

> Soybeans were fractionally mixed after the April WASDE, as traders adjusted old and new crop spreads. USDA left U.S. export forecasts unchanged despite slow Chinese demand, and trade talks with China continued by teleconference. Soybean meal was weak and soybean oil firm, while corn was steady to mostly firm.

- Date: 2019-04-09 · published 2019-04-09T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/59548-soybeans-mixed-corn-mostly-firm-after-usda-report-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Soybean meal weakness reflects expected lower Chinese meal demand from African swine fever, while firm soybean oil supports the crush margin. Corn was supported by spread adjustments rather than new demand.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-10-12 | [USDA raises 2017 corn guess, lowers soybeans - Brownfield Ag News](https://feedsoft.ai/events/68314-usda-raises-2017-corn-guess-lowers-soybeans-brownfield-ag-news.md) | +2.0% | +2.4% |
| SOY | 2026-06-29 | [USDA forecast shows rising costs for corn, soybeans, sorghum and wheat - Brownfield Ag News](https://feedsoft.ai/events/18856-usda-forecast-shows-rising-costs-for-corn-soybeans-sorghum-and-wheat-brownfield.md) | +6.6% | +11.6% |
| SOY | 2020-01-10 | [USDA 2019 corn, soybean totals show weather effects - Brownfield Ag News](https://feedsoft.ai/events/54932-usda-2019-corn-soybean-totals-show-weather-effects-brownfield-ag-news.md) | -1.0% | -5.5% |
| SOY | 2016-12-09 | [USDA leaves U.S. corn, soybean, wheat ending stocks unchanged - Brownfield Ag News](https://feedsoft.ai/events/73425-usda-leaves-u-s-corn-soybean-wheat-ending-stocks-unchanged-brownfield-ag-news.md) | +0.2% | -3.0% |
| SOY | 2020-06-11 | [No major surprises in USDA's WASDE report - Brownfield Ag News](https://feedsoft.ai/events/52555-no-major-surprises-in-usda-s-wasde-report-brownfield-ag-news.md) | +0.7% | +3.8% |
| SBM | 2021-09-30 | [Soybeans down, corn mixed after USDA numbers - Brownfield Ag News](https://feedsoft.ai/events/45109-soybeans-down-corn-mixed-after-usda-numbers-brownfield-ag-news.md) | -4.5% | -2.1% |
| SBM | 2019-03-08 | [Soybeans, corn down after supply and demand report - Brownfield Ag News](https://feedsoft.ai/events/60038-soybeans-corn-down-after-supply-and-demand-report-brownfield-ag-news.md) | -0.1% | +3.3% |
| SBM | 2017-03-29 | [Soybeans down, corn up after USDA numbers - Brownfield Ag News](https://feedsoft.ai/events/72023-soybeans-down-corn-up-after-usda-numbers-brownfield-ag-news.md) | -2.3% | -1.8% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-mixed-corn-mostly-firm-after-usda-report/

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