# CBOT weekly outlook: Corn, soy rangebound - Manitoba Co-operator

> Chicago corn and soybean futures are expected to trade in ranges this week, with weather the main focus. Traders cite talk of a cooler, wetter June and large South American stocks that cap upside. July soybeans lost about 27 cents over the week, partly on Brazilian currency weakness linked to the investigation of President Temer.

- Date: 2017-05-24 · published 2017-05-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/71034-cbot-weekly-outlook-corn-soy-rangebound-manitoba-co-operator
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Wet-weather risk offers support to corn and soybeans, but heavy South American supplies and large U.S. ending stocks limit price gains.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/daily/cbot-weekly-outlook-corn-soy-rangebound/

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