# Soybeans, corn continue downward drift - Brownfield Ag News

> CBOT soybeans and corn declined on fund and technical selling. China bought 1.8 million tonnes of US soybeans last week, but the trade wants more fresh business, and Mexico and South Korea bought US corn.

- Date: 2019-02-28 · published 2019-02-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/60630-soybeans-corn-continue-downward-drift-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), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Lack of Chinese follow-through and competitive South American supply weigh on US soybean and meal prices, while steady non-China corn sales offer limited support.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-corn-continue-downward-drift/

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