# Soybeans, corn continue to drift lower - Brownfield Ag News

> Soybeans were modestly lower on fund and technical selling while corn also eased. The USDA said the US corn harvest matched the five-year average, with wide variation in pace across states, and Brazil continues record soybean planting.

- Date: 2018-10-30 · published 2018-10-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/62570-soybeans-corn-continue-to-drift-lower-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Large expected US and South American crops weigh on soybean and corn prices. Trade tensions with China add uncertainty to demand.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-corn-continue-to-drift-lower/

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