# Soybeans, corn up on solid demand - Brownfield Ag News

> Soybeans, corn and wheat rose on commercial and technical buying in early February. Unknown destinations bought 236,700 tons of US soybeans, a surprise sale that may be switched to China. Indonesian palm oil exports were 2.68 million tons in December, and USDA reported December crush of 169 million bushels.

- Date: 2017-02-01 · published 2017-02-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/72576-soybeans-corn-up-on-solid-demand-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Strong export demand and tight South American concerns support soybean and corn prices, while meal and oil moved higher with beans.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-corn-solid-demand/

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