# Soybeans, corn down after supply and demand report - Brownfield Ag News

> Soybeans and corn closed lower after the USDA supply and demand report, with soybeans also pressured by fund and technical selling. China bought 664,000 tons of 2018/19 U.S. soybeans, short of trade expectations, and BR-163 highway closures limited soybean movement at Brazilian river ports.

- Date: 2019-03-08 · published 2019-03-08T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/60038-soybeans-corn-down-after-supply-and-demand-report-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

Weaker-than-expected Chinese purchases and a larger U.S. corn carryout reduce near-term demand support for U.S. feed grains and meal. Brazilian logistics constraints give some offsetting support to U.S. export demand.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 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) | -3.5% | -2.7% |
| SOY | 2021-05-13 | [Market setback day after USDA supply and demand report - Brownfield Ag News](https://feedsoft.ai/events/12369-market-setback-day-after-usda-supply-and-demand-report-brownfield-ag-news.md) | -7.4% | -7.0% |
| SOY | 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) | -3.3% | -3.5% |
| SOY | 2016-08-25 | [Soybeans, corn down, expecting record crops - Brownfield Ag News](https://feedsoft.ai/events/12395-soybeans-corn-down-expecting-record-crops-brownfield-ag-news.md) | -6.9% | -5.3% |
| SOY | 2021-09-30 | [Corn and soybeans flirt with support following not-so-friendly stocks report - Brownfield Ag News](https://feedsoft.ai/events/45107-corn-and-soybeans-flirt-with-support-following-not-so-friendly-stocks-report.md) | -3.3% | -3.5% |
| CORN | 2026-03-10 | [Soybeans up, corn and wheat down after quiet March WASDE report - Brownfield Ag News](https://feedsoft.ai/events/10386-soybeans-up-corn-and-wheat-down-after-quiet-march-wasde-report-brownfield-ag.md) | +3.2% | +2.8% |
| CORN | 2021-05-13 | [Market setback day after USDA supply and demand report - Brownfield Ag News](https://feedsoft.ai/events/12369-market-setback-day-after-usda-supply-and-demand-report-brownfield-ag-news.md) | -7.7% | -2.2% |
| CORN | 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) | +0.3% | +2.8% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-corn-down-after-supply-and-demand-report/

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