# Firm finish for grains and oilseeds - Brownfield Ag News

> Soybeans and corn closed modestly higher on short covering as US-China trade talks continued through Thursday, with new US tariffs on Chinese goods due in about a month. Traders also noted African Swine Fever risks to Chinese demand, a Huawei IP dispute, and hot, dry weather in Brazil's second corn crop.

- Date: 2019-01-30 · published 2019-01-30T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/61153-firm-finish-for-grains-and-oilseeds-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

Trade talk progress and Brazilian dryness support soybean and corn prices, while ASF and a narrowing US export window cap demand.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-12-17 | [Grains, oilseeds finish mixed Friday - Brownfield Ag News](https://feedsoft.ai/events/11533-grains-oilseeds-finish-mixed-friday-brownfield-ag-news.md) | +4.3% | +6.2% |
| SOY | 2017-04-20 | [Grains And Oilseeds News In Brief](https://feedsoft.ai/events/71368-grains-and-oilseeds-news-in-brief.md) | -0.5% | +2.7% |
| SOY | 2019-12-28 | [A welcome rebound for wheat - Brownfield Ag News](https://feedsoft.ai/events/55617-a-welcome-rebound-for-wheat-brownfield-ag-news.md) | +0.3% | -3.7% |
| SOY | 2018-05-22 | [Dry weather and better trade news strengthen soybeans, grains - Brownfield Ag News](https://feedsoft.ai/events/10840-dry-weather-and-better-trade-news-strengthen-soybeans-grains-brownfield-ag-news.md) | +0.5% | -13.3% |
| SOY | 2019-09-13 | [Soybeans up, waiting for more on China - Brownfield Ag News](https://feedsoft.ai/events/9441-soybeans-up-waiting-for-more-on-china-brownfield-ag-news.md) | +1.1% | +4.6% |
| SBM | 2018-05-24 | [Grains, oilseeds can't follow through on early gains - Brownfield Ag News](https://feedsoft.ai/events/10839-grains-oilseeds-can-t-follow-through-on-early-gains-brownfield-ag-news.md) | -1.4% | -12.8% |
| SBM | 2017-09-26 | [Grains And Oilseeds News In Brief](https://feedsoft.ai/events/68815-grains-and-oilseeds-news-in-brief.md) | -0.3% | +1.9% |
| SBM | 2018-09-14 | [Wheat manages week to week gains - Brownfield Ag News](https://feedsoft.ai/events/63071-wheat-manages-week-to-week-gains-brownfield-ag-news.md) | +0.0% | +0.5% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/firm-finish-for-grains-and-oilseeds/

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