# Cooler temps, China worries trigger losses – The Seam

> Corn, soybeans, soymeal, soyoil and wheat all fell in morning trading. Rains across the Midwest, faster Ukrainian grain shipments, and U.S.-China diplomatic concerns weighed on prices. Weak Chinese economic data also weighed on the complex.

- Date: 2022-08-16 · published 2022-08-16T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/6527-cooler-temps-china-worries-trigger-losses-the-seam
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Improved U.S. weather and faster Black Sea exports add to supply, while weaker Chinese demand reduces export prospects. Together these point to lower feed grain and oilseed meal prices.

## Read by commodity

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

## Sources

- theseam.com: https://www.theseam.com/cooler-temps-china-worries-trigger-losses/

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