# After the Bell | December 5, 2022 - Pro Farmer

> December corn fell to a 3.5-month low and SRW wheat hit a 14-month low, with March SRW down 22 cents. January soymeal surged $8 to its highest close since September 20 on strong export demand, and USDA reported a 130,000 MT soybean sale to China.

- Date: 2022-12-05 · published 2022-12-05T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/6648-after-the-bell-december-5-2022-pro-farmer
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Soybean meal strength and Chinese purchases support soybean complex prices, while corn and wheat remain pressured by weak exports and Black Sea competition.

## Read by commodity

- SBM: bullish ▲
- SBO: bearish ▼
- SOY: bullish ▲
- CORN: bearish ▼
- WHEAT: bearish ▼
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WHEAT | 2022-12-05 | 5 | -13.1% | -3.0 | SRW wheat hit a 14-month low with March down 22 cents on Dec 5, confirming the sharp end-of-window selling. |
| WHEAT | 2022-12-05 | 1 | -12.3% | -4.8 | Same-day report of SRW hitting a 14-month low with March SRW down 22 cents confirms the sharp selloff on Dec 5. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-06-21 | [After the Bell \| June 21, 2021 - Pro Farmer](https://feedsoft.ai/events/7747-after-the-bell-june-21-2021-pro-farmer.md) | -3.3% | -8.0% |
| CORN | 2026-03-16 | [After the Bell \| Limit down day in soybeans - Pro Farmer](https://feedsoft.ai/events/4717-after-the-bell-limit-down-day-in-soybeans-pro-farmer.md) | +2.4% | -1.7% |
| CORN | 2026-03-16 | [Soybeans limit down after Trump threatens to delay China summit - Pro Farmer](https://feedsoft.ai/events/4716-soybeans-limit-down-after-trump-threatens-to-delay-china-summit-pro-farmer.md) | +2.4% | -1.7% |
| CORN | 2026-05-15 | [Ahead of the Open \| Grain market extends pullback overnight - Pro Farmer](https://feedsoft.ai/events/9304-ahead-of-the-open-grain-market-extends-pullback-overnight-pro-farmer.md) | +1.2% | -7.4% |
| CORN | 2019-12-05 | [Market Perspectives – December 5, 2019 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/9816-market-perspectives-december-5-2019-u-s-grains-and-bioproducts-council.md) | -4.3% | +1.2% |
| WHEAT | 2026-03-16 | [After the Bell \| Limit down day in soybeans - Pro Farmer](https://feedsoft.ai/events/4717-after-the-bell-limit-down-day-in-soybeans-pro-farmer.md) | -2.8% | -1.4% |
| WHEAT | 2026-03-16 | [Soybeans limit down after Trump threatens to delay China summit - Pro Farmer](https://feedsoft.ai/events/4716-soybeans-limit-down-after-trump-threatens-to-delay-china-summit-pro-farmer.md) | -2.8% | -1.4% |
| WHEAT | 2026-05-15 | [Ahead of the Open \| Grain market extends pullback overnight - Pro Farmer](https://feedsoft.ai/events/9304-ahead-of-the-open-grain-market-extends-pullback-overnight-pro-farmer.md) | +0.9% | -3.7% |

## Sources

- profarmer.com: https://www.profarmer.com/news/after-bell/after-bell-december-5-2022

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