# U.S. grains: Soy, wheat, corn firm on export demand - AgCanada

> US soybean futures firmed on supportive export demand, including a private sale of 384,000 tonnes of US soybeans to China. Wheat and corn rose on technical buying and bullish weekly export sales, and December soyoil gained 1.3% after Trump reaffirmed his commitment to renewable fuels.

- Date: 2017-10-19 · published 2017-10-19T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/68544-u-s-grains-soy-wheat-corn-firm-on-export-demand-agcanada
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Chinese purchases and firmer soyoil support soybean and meal values, while biofuel mandate signals underpin soyoil demand that is linked to crush margins and meal supply.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-02-13 | [U.S. grains: Soy up on prospects for Chinese demand - AgCanada](https://feedsoft.ai/events/54655-u-s-grains-soy-up-on-prospects-for-chinese-demand-agcanada.md) | +0.0% | -4.2% |
| SOY | 2023-03-29 | [U.S. grains: Wheat up on Cargill's Russia decision - AgCanada](https://feedsoft.ai/events/5080-u-s-grains-wheat-up-on-cargill-s-russia-decision-agcanada.md) | +3.4% | -2.2% |
| SOY | 2019-12-12 | [Corn, wheat, soy rally on U.S.-China trade hopes, export demand \| Financial Post](https://feedsoft.ai/events/6298-corn-wheat-soy-rally-on-u-s-china-trade-hopes-export-demand-financial-post.md) | +3.9% | +4.6% |
| SOY | 2020-04-23 | [U.S. grains: Export hopes push soy, corn, wheat futures higher - Grainews](https://feedsoft.ai/events/53671-u-s-grains-export-hopes-push-soy-corn-wheat-futures-higher-grainews.md) | -0.4% | +1.4% |
| SOY | 2018-11-30 | [U.S. grains: Wheat, soy, corn climb - Grainews](https://feedsoft.ai/events/9515-u-s-grains-wheat-soy-corn-climb-grainews.md) | +3.3% | -0.5% |
| SBO | 2024-12-11 | [Export demand surging for US corn, soybean oil \| Baking Business](https://feedsoft.ai/events/26904-export-demand-surging-for-us-corn-soybean-oil-baking-business.md) | -2.0% | -2.2% |
| SBO | 2020-03-04 | [Soybeans rise on hopes for export demand, financial market gains \| Financial Post](https://feedsoft.ai/events/54186-soybeans-rise-on-hopes-for-export-demand-financial-market-gains-financial-post.md) | -4.9% | -6.3% |
| SBO | 2022-07-28 | [All Eyes on Soybean Oil Demand - AgWeb](https://feedsoft.ai/events/40577-all-eyes-on-soybean-oil-demand-agweb.md) | +4.1% | +9.2% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-grains-soy-wheat-corn-firm-on-export-demand

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