# Soybeans, corn see more harvest pressure - Brownfield Ag News

> Soybeans and corn fell on commercial selling and harvest pressure, with soybean futures down more than 10 cents in the most active months. Chinese cancellations of 180,000 tonnes of U.S. soybeans and 120,000 tonnes of optional-origin cargoes were linked to the tariff, and Brazil's new crop is expected to be another record.

- Date: 2018-10-19 · published 2018-10-19T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/62403-soybeans-corn-see-more-harvest-pressure-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Cancelled Chinese orders and a large expected Brazilian crop weigh on soybean and meal prices. Harvest pressure in the U.S. adds near-term downside for grain feed costs.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-corn-see-more-harvest-pressure/

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