# U.S. grains: Soy, spring wheat extend losses on technicals, weather - Grainews

> US soybean and spring wheat futures closed lower after pared losses, pressured by technical selling and favourable crop weather outlooks. CBOT corn for December fell to a 10-month low before recovering. Spring wheat fell as low as $6.38-1/4 before recovering, and USDA data had shown bigger-than-expected corn and soybean yields.

- Date: 2017-08-14 · published 2017-08-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/69490-u-s-grains-soy-spring-wheat-extend-losses-on-technicals-weather-grainews
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Favourable weather and larger-than-expected USDA yield estimates weigh on soybean and wheat prices, and the market is waiting for more crop information.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-grains-soy-spring-wheat-extend-losses-on-technicals-weather/

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