# Grain, Soybean Futures Turn Higher | Fox Business

> Grain and soybean futures reversed early losses to close higher on September 27, 2017, as money flowed into commodities and traders unwound pessimistic positions. USDA reported private exporters sold 132,000 tonnes of soybeans to China for 2017-18, while soyoil fell after the EPA said it would revisit 2018 and 2019 biodiesel mandates.

- Date: 2017-09-27 · published 2017-09-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68990-grain-soybean-futures-turn-higher-fox-business
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Fresh China demand supports soybean prices, but the EPA signal of possibly lower biodiesel volumes weighs on soybean oil and could trim crush demand, a bearish factor for meal values in the medium term.

## Read by commodity

- SBM: neutral
- SBO: bearish ▼
- SOY: bullish ▲

## Sources

- foxbusiness.com: https://www.foxbusiness.com/features/grain-soybean-futures-turn-higher

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