# Corn, sorghum, soybean cash bids lower - High Plains Journal

> Cash bids for corn, sorghum and soybeans fell from Sept. 17 to Sept. 18 while wheat was mostly higher, per the National Grain Market Summary. The move followed a US announcement of new 10% tariffs on $200 billion of Chinese goods, rising to 25% on Jan. 1, 2019, with a threatened further $267 billion in tariffs if China retaliates.

- Date: 2018-09-24 · published 2018-09-24T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/63093-corn-sorghum-soybean-cash-bids-lower-high-plains-journal
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

New tariffs on Chinese imports, including many farm items, cut export demand for US feedgrains and soybeans and pressure cash and futures prices. Wheat held up better because it was less exposed to the trade dispute.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-10-13 | [Mexico bans GMO corn imports - High Plains Journal](https://feedsoft.ai/events/44535-mexico-bans-gmo-corn-imports-high-plains-journal.md) | +0.9% | +10.7% |
| CORN | 2023-12-01 | [Cargill experts give overview of grain markets     - High Plains Journal](https://feedsoft.ai/events/32916-cargill-experts-give-overview-of-grain-markets-high-plains-journal.md) | +2.4% | +3.9% |
| CORN | 2025-09-27 | [Can Corn Hit $5 With Lower Yields and Record Demand? Can Soybeans Hold $10 Without China? - AgWeb](https://feedsoft.ai/events/22893-can-corn-hit-5-with-lower-yields-and-record-demand-can-soybeans-hold-10-without.md) | -1.8% | -1.5% |
| CORN | 2018-11-01 | [China slashed its imports of U.S. sorghum, soybean, and corn in September](https://feedsoft.ai/events/61930-china-slashed-its-imports-of-u-s-sorghum-soybean-and-corn-in-september.md) | +3.6% | -4.4% |
| CORN | 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) | +0.1% | +4.6% |
| SOY | 2018-07-12 | [Sunflower markets continue downward trend - High Plains Journal](https://feedsoft.ai/events/64149-sunflower-markets-continue-downward-trend-high-plains-journal.md) | +1.5% | +7.7% |
| SOY | 2018-03-08 | [Sunflower markets see upward movement again - High Plains Journal](https://feedsoft.ai/events/66101-sunflower-markets-see-upward-movement-again-high-plains-journal.md) | -2.5% | -2.3% |
| SOY | 2018-08-29 | [Old and new sunflower crop prices remain unchanged - High Plains Journal](https://feedsoft.ai/events/63644-old-and-new-sunflower-crop-prices-remain-unchanged-high-plains-journal.md) | +0.6% | +3.6% |

## Sources

- hpj.com: https://hpj.com/2018/09/24/corn-sorghum-soybean-cash-bids-lower-2/

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