# Brazil overshadowing US Grain Market - AG INFORMATION NETWORK OF THE WEST

> Chicago December wheat closed down 12 1/4 cents and December corn fell 7 1/4 cents, while live cattle and feeder cattle also declined. Class III milk rose slightly. The market report notes attention is focused on Brazil as it begins planting its new crop.

- Date: 2018-10-26 · published 2018-10-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/62626-brazil-overshadowing-us-grain-market-ag-information-network-of-the-west
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Routine price moves in grains and cattle reflect ongoing harvest pressure and Brazilian crop attention, with no new supply shock.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- aginfo.net: https://www.aginfo.net/report/41236/Brazil-overshadowing-US-Grain-Market

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