# Soybeans, corn buy back some recent losses - Brownfield Ag News

> Soybeans and corn recovered some recent losses on fund and technical buying. Old-crop weekly soybean sales were 7 million bushels, mainly to the Netherlands and Egypt, with no reported old-crop sales to China. Corn traders are watching US planting delays that may lead to replanting, prevented planting, or acreage shifting to soybeans.

- Date: 2024-06-06 · published 2024-06-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6154-soybeans-corn-buy-back-some-recent-losses-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Planting delays and possible acreage switching create uncertainty for US supply, while slow export demand and Brazil's dominance of soybean exports limit upside.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-corn-buy-back-some-recent-losses/

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