# Soybeans, sorghum cash bids higher, wheat, corn mixed - High Plains Journal

> Cash bids for soybeans and sorghum rose from December 10, while wheat and corn were mixed. The December WASDE raised U.S. corn carryout by about 45 million bushels on lower ethanol demand, and soybean carryout was unchanged.

- Date: 2018-12-17 · published 2018-12-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/61643-soybeans-sorghum-cash-bids-higher-wheat-corn-mixed-high-plains-journal
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

A larger corn carryout signals ample U.S. feed supplies, which weighs on feed grain prices.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼
- SORGHUM: bullish ▲

## Sources

- hpj.com: https://hpj.com/2018/12/17/soybeans-sorghum-cash-bids-higher-wheat-corn-mixed/

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