# Soybeans down on slow demand - Brownfield Ag News

> Soybeans closed lower near one-year lows on commercial and technical selling. Brazil sold 245,000 tons of soybeans to Argentina, and an unknown buyer purchased 177,000 tons of US beans.

- Date: 2018-06-13 · published 2018-06-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/64592-soybeans-down-on-slow-demand-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

Heavy Brazilian export competition and weak US demand keep soybean and meal futures under pressure, with trade concerns limiting upside.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-down-on-slow-demand/

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