# U.S. grains: Corn, soy end lower on technical selling - Grainews

> CBOT March corn, soybeans and wheat all closed lower on February 1 on chart-based selling. Buenos Aires Grains Exchange raised its Argentine corn crop estimate to 45 million tonnes, while keeping soybeans at 53 million.

- Date: 2019-02-01 · published 2019-02-01T12:00:00.000Z
- Category: report · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/60632-u-s-grains-corn-soy-end-lower-on-technical-selling-grainews
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A larger Argentine corn crop adds export competition and pressures US corn prices, though the soybean estimate was unchanged.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-08-11 | [U.S. grains: Wheat falls; corn, soy firm - Grainews](https://feedsoft.ai/events/69495-u-s-grains-wheat-falls-corn-soy-firm-grainews.md) | -1.6% | -4.0% |
| CORN | 2019-08-27 | [U.S. grains: Soy slumps on improved crop rating - Grainews](https://feedsoft.ai/events/57605-u-s-grains-soy-slumps-on-improved-crop-rating-grainews.md) | -0.2% | +1.7% |
| CORN | 2017-07-12 | [Corn, winter wheat drag grains lower, as US supply](https://feedsoft.ai/events/69892-corn-winter-wheat-drag-grains-lower-as-us-supply.md) | -4.1% | -5.2% |
| CORN | 2018-08-08 | [Bigger crop estimates send soybeans, corn lower - Brownfield Ag News](https://feedsoft.ai/events/8653-bigger-crop-estimates-send-soybeans-corn-lower-brownfield-ag-news.md) | -8.2% | -9.1% |
| CORN | 2023-07-01 | [U.S. grains: Soy soars after USDA slashes plantings estimate - Grainews](https://feedsoft.ai/events/35069-u-s-grains-soy-soars-after-usda-slashes-plantings-estimate-grainews.md) | +1.4% | -5.6% |
| SOY | 2017-08-11 | [U.S. grains: Wheat falls; corn, soy firm - Grainews](https://feedsoft.ai/events/69495-u-s-grains-wheat-falls-corn-soy-firm-grainews.md) | -0.1% | +2.8% |
| SOY | 2017-12-12 | [USDA lowers corn ending stocks estimate - Brownfield Ag News](https://feedsoft.ai/events/67346-usda-lowers-corn-ending-stocks-estimate-brownfield-ag-news.md) | -2.1% | -3.6% |
| SOY | 2026-10-09 | [Corn Ends 20 Cents Lower on USDA Yield Shock: Wheat Follows but Soybeans Recover](https://feedsoft.ai/events/428-corn-ends-20-cents-lower-on-usda-yield-shock-wheat-follows-but-soybeans-recover.md) | -2.2% | -4.4% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-grains-corn-soy-end-lower-on-technical-selling/

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