# Grain, Soybean Futures End Week With a Bounce | Fox Business

> Grain and soybean futures rose on Friday as fund buying followed concerns about dry weather in Argentina that threatens corn and soybean crops. Crude oil gains and a weaker US dollar also supported CBOT prices, with December corn up 0.9% and January soybeans up 0.9%.

- Date: 2017-12-01 · published 2017-12-01T12:00:00.000Z
- Category: weather · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/67502-grain-soybean-futures-end-week-with-a-bounce-fox-business
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Argentine dryness risk and fund short covering lift near-term feed grain and soymeal values, though forecasts of partial rain limit the rally.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-05-03 | [Grain, Soybean Futures Lifted by Weather Premium \| Fox Business](https://feedsoft.ai/events/10486-grain-soybean-futures-lifted-by-weather-premium-fox-business.md) | -2.1% | -1.7% |
| WHEAT | 2017-05-19 | [Grain, Soybean Futures Find Footing After Brazil Rout \| Fox Business](https://feedsoft.ai/events/7587-grain-soybean-futures-find-footing-after-brazil-rout-fox-business.md) | +3.0% | +2.4% |
| WHEAT | 2017-11-17 | [Grain, Soybean Futures Rise; Traders Watch Argentina Weather \| Fox Business](https://feedsoft.ai/events/5282-grain-soybean-futures-rise-traders-watch-argentina-weather-fox-business.md) | -2.9% | -2.6% |
| WHEAT | 2022-01-19 | [Chicago soybean futures fell for a third straight session - Markets - Business Recorder](https://feedsoft.ai/events/10895-chicago-soybean-futures-fell-for-a-third-straight-session-markets-business.md) | +1.9% | -1.5% |
| WHEAT | 2017-05-02 | [Grain prices: wheat futures bounce back - 02 May 2017 Premium](https://feedsoft.ai/events/6139-grain-prices-wheat-futures-bounce-back-02-may-2017-premium.md) | -2.3% | -1.4% |
| SOY | 2017-07-27 | [Drier Weather Pushes Grain, Soybean Futures Higher \| Fox Business](https://feedsoft.ai/events/7124-drier-weather-pushes-grain-soybean-futures-higher-fox-business.md) | -2.3% | -5.4% |
| SOY | 2017-05-03 | [Grain, Soybean Futures Lifted by Weather Premium \| Fox Business](https://feedsoft.ai/events/10486-grain-soybean-futures-lifted-by-weather-premium-fox-business.md) | +0.8% | -4.4% |
| SOY | 2017-05-19 | [Grain, Soybean Futures Find Footing After Brazil Rout \| Fox Business](https://feedsoft.ai/events/7587-grain-soybean-futures-find-footing-after-brazil-rout-fox-business.md) | -0.6% | -0.6% |

## Sources

- foxbusiness.com: https://www.foxbusiness.com/features/grain-soybean-futures-end-week-with-a-bounce

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