# Soybeans down, corn up to end 2016 - Brownfield Ag News

> Soybeans closed modestly lower on commercial and technical selling, with soymeal and soyoil following. Corn and wheat rose modestly on commercial buying and a weaker dollar, and weekly export numbers were mostly neutral.

- Date: 2016-12-30 · published 2016-12-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73495-soybeans-down-corn-up-to-end-2016-brownfield-ag-news
- Commodities: [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

Routine year-end moves reflect profit-taking in soy and modest support in corn and wheat, with no major new supply or demand change.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-corn-end-2016/

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