# Soybeans mixed, corn down, watching South America - Brownfield Ag News

> Soybeans were mixed and corn lower as traders watched improving conditions in parts of Argentina and Brazil's early harvest. USDA cattle on feed showed bigger-than-expected placements, and Japan and Egypt made wheat purchases.

- Date: 2017-01-27 · published 2017-01-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73012-soybeans-mixed-corn-down-watching-south-america-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Bigger-than-expected cattle placements support feed demand, while improving South American crops limit soybean and corn upside.

## Read by commodity

- SBM: neutral
- SOY: neutral
- CORN: neutral
- WHEAT: neutral
- LCATTLE: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-mixed-corn-watching-south-america/

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