# Dismal grain exports not helping prices – Ohio Ag Net | Ohio's Country Journal

> U.S. grain export sales were weak in early February 2024, with soybean sales of 6 million bushels falling below trade expectations after cancellations. Corn sales were near the high end of expectations, and cumulative corn exports were up 29 percent year over year.

- Date: 2024-02-07 · published 2024-02-07T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/7202-dismal-grain-exports-not-helping-prices-ohio-ag-net-ohio-s-country-journal
- 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

Weak soybean export demand and cancellations reduce demand for U.S. supplies, which pressures soybean prices despite solid corn shipments.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-12-01 | [Cargill experts give overview of grain markets     - High Plains Journal](https://feedsoft.ai/events/32916-cargill-experts-give-overview-of-grain-markets-high-plains-journal.md) | -2.3% | -3.7% |
| SOY | 2018-08-29 | [Old and new sunflower crop prices remain unchanged - High Plains Journal](https://feedsoft.ai/events/63644-old-and-new-sunflower-crop-prices-remain-unchanged-high-plains-journal.md) | +0.6% | +3.6% |
| SOY | 2019-12-11 | [U.S. grains: Profit-taking pressures soybeans - Country Guide](https://feedsoft.ai/events/9817-u-s-grains-profit-taking-pressures-soybeans-country-guide.md) | +3.1% | +3.6% |
| SOY | 2019-12-18 | [U.S. grains: Prices slip after rallying on trade deal - Grainews](https://feedsoft.ai/events/9218-u-s-grains-prices-slip-after-rallying-on-trade-deal-grainews.md) | +0.8% | -0.5% |
| SOY | 2025-04-25 | [Grain transportation demand surges amid strong corn exports \| Feed & Grain](https://feedsoft.ai/events/16460-grain-transportation-demand-surges-amid-strong-corn-exports-feed-and-grain.md) | -1.2% | +1.4% |
| CORN | 2022-09-20 | [FEATURE - Australian sorghum exports gain - as rival US prices bounce - Grain Price News](https://feedsoft.ai/events/39636-feature-australian-sorghum-exports-gain-as-rival-us-prices-bounce-grain-price.md) | -2.5% | +2.4% |
| CORN | 2022-04-06 | [China Diversifies Ag Imports, U.S. Gets Smaller Piece \| Feed & Grain](https://feedsoft.ai/events/14945-china-diversifies-ag-imports-u-s-gets-smaller-piece-feed-and-grain.md) | -1.9% | -6.1% |
| CORN | 2017-05-04 | [Ukraine: From the beginning of 2016 – 2017г 37.2 mln. tonnes of grain have been exported from the country](https://feedsoft.ai/events/70862-ukraine-from-the-beginning-of-2016-2017-37-2-mln-tonnes-of-grain-have-been.md) | +1.3% | +1.6% |

## Sources

- ocj.com: https://ocj.com/2024/02/dismal-grain-exports-not-helping-prices/

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