# Wheat manages week to week gains - Brownfield Ag News

> Soybeans were modestly lower on fund and technical selling in a bearish week, with trade talks with China uncertain as the US prepared new tariffs. Corn posted weekly losses despite short covering, and Hurricane Florence was expected to disrupt harvest in the southeastern Corn Belt. The Rosario exchange estimated Argentina's 2018/19 soybean crop at 50 million tonnes, and wheat was higher on short covering.

- Date: 2018-09-14 · published 2018-09-14T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/63071-wheat-manages-week-to-week-gains-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), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

New US tariff threats on China and a large Argentine soybean crop weigh on soybean meal prices, while Florence-related harvest delays add modest weather risk to corn. Feed buyers should expect soymeal to stay soft in the near term.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: neutral
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2016-07-19 | [Soybeans, corn, wheat give back gains - Brownfield Ag News](https://feedsoft.ai/events/7423-soybeans-corn-wheat-give-back-gains-brownfield-ag-news.md) | -8.8% | -5.1% |
| SOY | 2020-01-23 | [Wheat pulls back from recent highs - Brownfield Ag News](https://feedsoft.ai/events/8052-wheat-pulls-back-from-recent-highs-brownfield-ag-news.md) | -2.3% | -2.3% |
| SOY | 2023-05-17 | [Another down day for soybeans, corn, wheat - Brownfield Ag News](https://feedsoft.ai/events/5017-another-down-day-for-soybeans-corn-wheat-brownfield-ag-news.md) | -3.0% | +1.8% |
| SOY | 2024-05-16 | [Soybeans, corn, wheat continue mostly lower trend - Brownfield Ag News](https://feedsoft.ai/events/10512-soybeans-corn-wheat-continue-mostly-lower-trend-brownfield-ag-news.md) | +2.7% | -2.0% |
| SOY | 2018-05-24 | [Grains, oilseeds can't follow through on early gains - Brownfield Ag News](https://feedsoft.ai/events/10839-grains-oilseeds-can-t-follow-through-on-early-gains-brownfield-ag-news.md) | -2.0% | -15.3% |
| SBM | 2016-07-19 | [Soybeans, corn, wheat give back gains - Brownfield Ag News](https://feedsoft.ai/events/7423-soybeans-corn-wheat-give-back-gains-brownfield-ag-news.md) | -9.1% | -9.0% |
| SBM | 2026-07-17 | [Weather helps fuel Friday gains in soybeans, corn, wheat - Brownfield Ag News](https://feedsoft.ai/events/10789-weather-helps-fuel-friday-gains-in-soybeans-corn-wheat-brownfield-ag-news.md) | +2.0% | -2.8% |
| SBM | 2018-12-07 | [Wheat leads on new export demand - Brownfield Ag News](https://feedsoft.ai/events/61612-wheat-leads-on-new-export-demand-brownfield-ag-news.md) | -0.2% | +2.6% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/wheat-manages-week-to-week-gains/

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