# Crop markets tumble in aftermath of USDA report

> Corn, soybeans and wheat fell sharply again on July 13 as selling continued after the Wednesday USDA report that forecast ample supplies. New forecasts also raised rain chances for the dry Dakotas next week.

- Date: 2017-07-13 · published 2017-07-13T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/69891-crop-markets-tumble-in-aftermath-of-usda-report
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Ample supplies from the USDA report are driving futures lower, and easing Dakota dryness removes some weather support for spring wheat and corn.

## Read by commodity

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

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/crop-markets-tumble-in-aftermath-of-usda-report

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