# U.S. grains: Soy at six-week top on exports, yield uncertainty - Grainews

> U.S. soybean futures hit a six-week high on September 22 on strong export demand, including a USDA-confirmed sale of 190,000 tonnes to Mexico. Traders also cited uncertainty over the size of the U.S. crop after USDA raised its yield forecast to 49.9 bushels per acre.

- Date: 2017-09-22 · published 2017-09-22T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/68992-u-s-grains-soy-at-six-week-top-on-exports-yield-uncertainty-grainews
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Robust export sales and a tighter-than-expected crop outlook support soybean prices, which feeds through to soybean meal costs for feed buyers.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2016-10-27 | [U.S. grains: Soybeans rise on export sales, soymeal gains - Grainews](https://feedsoft.ai/events/9239-u-s-grains-soybeans-rise-on-export-sales-soymeal-gains-grainews.md) | -3.3% | +3.6% |
| SOY | 2017-10-19 | [U.S. grains: Soy, wheat, corn firm on export demand - AgCanada](https://feedsoft.ai/events/68544-u-s-grains-soy-wheat-corn-firm-on-export-demand-agcanada.md) | -0.9% | -0.8% |
| 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% |
| SOY | 2018-07-19 | [U.S. grains: Markets set one-week highs on export hopes, weather woes - AgCanada](https://feedsoft.ai/events/64079-u-s-grains-markets-set-one-week-highs-on-export-hopes-weather-woes-agcanada.md) | +2.2% | +1.8% |
| CORN | 2024-03-25 | [Ukraine grain exports rise on week, lag on year \| Latest Market News](https://feedsoft.ai/events/14318-ukraine-grain-exports-rise-on-week-lag-on-year-latest-market-news.md) | -4.9% | -6.9% |
| CORN | 2017-10-19 | [U.S. grains: Soy, wheat, corn firm on export demand - AgCanada](https://feedsoft.ai/events/68544-u-s-grains-soy-wheat-corn-firm-on-export-demand-agcanada.md) | +0.4% | -5.5% |
| CORN | 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) | -2.4% | -0.3% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-grains-soy-at-six-week-top-on-exports-yield-uncertainty/

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