# Higher crude oil no help for sinking crop markets: Podcast

> Corn, soybean and wheat markets fell on December 1, with soybeans at a one-week low and winter wheat setting contract lows. Weekly export sales were lower for all three crops, with corn below expectations. Rain in the dry Southeast may weigh on wheat as moisture improves crop health before dormancy.

- Date: 2016-12-01 · published 2016-12-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73547-higher-crude-oil-no-help-for-sinking-crop-markets-podcast
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Lower export sales and contract lows point to soft grain prices, with the wheat outlook shaped by Southeast rainfall supporting crop condition.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- feedstuffs.com: https://www.feedstuffs.com/agribusiness-news/higher-crude-oil-no-help-for-sinking-crop-markets-podcast

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