# U.S. grains: Soybeans, corn ease in technical setback - AgCanada

> US soybean and corn futures eased in technical selling after two days of gains, despite rain concerns in the Midwest that could delay harvest. December wheat fell four cents to $5.15-1/4 a bushel after failing to break resistance.

- Date: 2018-10-03 · published 2018-10-03T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/62574-u-s-grains-soybeans-corn-ease-in-technical-setback-agcanada
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Harvest delays from wet weather raise near-term supply risk, but technical selling dominated prices. Wheat moved lower in sympathy with corn and soybeans.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-10-30 | [U.S. grains: Soybeans retreat on Brazil rains, technical selling - AgCanada](https://feedsoft.ai/events/68486-u-s-grains-soybeans-retreat-on-brazil-rains-technical-selling-agcanada.md) | -0.3% | -5.5% |
| CORN | 2017-09-27 | [U.S. grains: Wheat rises to one-month top on technical buying - AgCanada](https://feedsoft.ai/events/8514-u-s-grains-wheat-rises-to-one-month-top-on-technical-buying-agcanada.md) | +3.2% | +2.9% |
| CORN | 2018-02-14 | [U.S. grains: Soymeal rally lifts soybean futures - AgCanada](https://feedsoft.ai/events/10004-u-s-grains-soymeal-rally-lifts-soybean-futures-agcanada.md) | -0.2% | +5.0% |
| CORN | 2022-12-09 | [Corn and soybeans in 2022, a year in review – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/13313-corn-and-soybeans-in-2022-a-year-in-review-ohio-ag-net-ohio-s-country-journal.md) | +1.9% | +2.9% |
| CORN | 2018-01-19 | [GRAIN MARKETS: Soybeans step higher on South American weather](https://feedsoft.ai/events/12099-grain-markets-soybeans-step-higher-on-south-american-weather.md) | +0.7% | +2.0% |
| SOY | 2017-09-27 | [U.S. grains: Wheat rises to one-month top on technical buying - AgCanada](https://feedsoft.ai/events/8514-u-s-grains-wheat-rises-to-one-month-top-on-technical-buying-agcanada.md) | -0.9% | +1.2% |
| SOY | 2025-01-29 | [U.S. grains: Corn futures hit over one-year high on Argentine weather worries - AgCanada](https://feedsoft.ai/events/6889-u-s-grains-corn-futures-hit-over-one-year-high-on-argentine-weather-worries.md) | +2.9% | -2.0% |
| SOY | 2025-01-29 | [Will the Bull Market in Corn Continue to Pull Up Soybeans and Wheat? - AgWeb](https://feedsoft.ai/events/6895-will-the-bull-market-in-corn-continue-to-pull-up-soybeans-and-wheat-agweb.md) | +2.9% | -2.0% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-grains-soybeans-corn-ease-in-technical-setback

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