# Weekly Analysis: Signs of Value Amid Downtrends

> DTN's National Soybean Index is near its lowest level in 10 years, pressured by expectations of a record U.S. soybean harvest and the lack of Chinese buying. The corn index fell 22 cents in August on expectations of a large harvest, and the HRW wheat index was down 31 cents in August. DTN says the trend is clearly down.

- Date: 2018-09-04 · published 2018-09-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/63074-weekly-analysis-signs-of-value-amid-downtrends
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Expected record U.S. supplies and weak Chinese demand keep soybean and meal prices under pressure, which lowers feed ingredient costs.

## Read by commodity

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

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2018/09/04/weekly-analysis-signs-value-amid

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