# Solid demand supports soybeans, corn - Brownfield Ag News

> Soybeans rose on commercial and technical buying after Mexico bought 190,000 tons of 2017/18 US beans. Corn was modestly higher, and Argentina's corn crop harvest is essentially complete at an estimate of 39 million tons.

- Date: 2017-09-22 · published 2017-09-22T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/68987-solid-demand-supports-soybeans-corn-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)

## Why it matters

Continued Mexican purchases support US soybean export demand, while Argentina's large corn crop adds competing feed grain supply.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2016-10-27 | [Demand supports soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/9242-demand-supports-soybeans-corn-brownfield-ag-news.md) | -3.3% | +3.6% |
| SOY | 2016-06-17 | [Weather, demand support soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/10753-weather-demand-support-soybeans-corn-brownfield-ag-news.md) | -0.9% | -5.5% |
| SOY | 2016-12-06 | [New export sales support soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/6328-new-export-sales-support-soybeans-corn-brownfield-ag-news.md) | -1.2% | -3.6% |
| SOY | 2022-01-31 | [Soybeans up on export demand, supply concerns - Brownfield Ag News](https://feedsoft.ai/events/43182-soybeans-up-on-export-demand-supply-concerns-brownfield-ag-news.md) | +5.7% | +11.9% |
| SOY | 2020-08-14 | [Soybeans, corn post solid weekly gains - Brownfield Ag News](https://feedsoft.ai/events/10682-soybeans-corn-post-solid-weekly-gains-brownfield-ag-news.md) | -0.5% | +10.8% |
| SBM | 2016-06-17 | [Weather, demand support soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/10753-weather-demand-support-soybeans-corn-brownfield-ag-news.md) | -3.6% | -7.1% |
| SBM | 2016-12-06 | [New export sales support soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/6328-new-export-sales-support-soybeans-corn-brownfield-ag-news.md) | -0.9% | -0.8% |
| SBM | 2022-01-31 | [Soybeans up on export demand, supply concerns - Brownfield Ag News](https://feedsoft.ai/events/43182-soybeans-up-on-export-demand-supply-concerns-brownfield-ag-news.md) | +7.3% | +8.6% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/solid-demand-supports-soybeans-corn-3/

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