# Soybeans, corn down watching end of harvest, South America - Brownfield Ag News

> Soybeans and corn fell on commercial and technical selling, with soybean meal and oil also lower. Attention is on South American production, where CONAB put Brazil's soybean crop above 100 million tonnes and Argentina's output is expected to top 52 million tonnes, while the USDA recently raised US production and stock estimates.

- Date: 2016-11-11 · published 2016-11-11T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/73884-soybeans-corn-down-watching-end-of-harvest-south-america-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Large South American supply expectations and higher US stocks weigh on soybean complex and corn prices, pressuring feed ingredient values.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-05-10 | [Corn up, soybeans down, back to watching planting weather - Brownfield Ag News](https://feedsoft.ai/events/71029-corn-up-soybeans-down-back-to-watching-planting-weather-brownfield-ag-news.md) | +1.1% | -3.6% |
| SOY | 2016-08-25 | [Soybeans, corn down, expecting record crops - Brownfield Ag News](https://feedsoft.ai/events/12395-soybeans-corn-down-expecting-record-crops-brownfield-ag-news.md) | -6.9% | -5.3% |
| SOY | 2017-03-29 | [Soybeans down, corn up after USDA numbers - Brownfield Ag News](https://feedsoft.ai/events/72023-soybeans-down-corn-up-after-usda-numbers-brownfield-ag-news.md) | -3.5% | -2.7% |
| SOY | 2019-01-10 | [Soybeans, corn down on Brazil, dollar, trade questions - Brownfield Ag News](https://feedsoft.ai/events/61200-soybeans-corn-down-on-brazil-dollar-trade-questions-brownfield-ag-news.md) | -1.9% | +0.2% |
| SOY | 2019-03-08 | [Soybeans, corn down after supply and demand report - Brownfield Ag News](https://feedsoft.ai/events/60038-soybeans-corn-down-after-supply-and-demand-report-brownfield-ag-news.md) | -0.1% | +1.8% |
| SBM | 2017-03-29 | [Soybeans down, corn up after USDA numbers - Brownfield Ag News](https://feedsoft.ai/events/72023-soybeans-down-corn-up-after-usda-numbers-brownfield-ag-news.md) | -2.3% | -1.8% |
| SBM | 2019-01-10 | [Soybeans, corn down on Brazil, dollar, trade questions - Brownfield Ag News](https://feedsoft.ai/events/61200-soybeans-corn-down-on-brazil-dollar-trade-questions-brownfield-ag-news.md) | -2.8% | -4.2% |
| SBM | 2019-03-08 | [Soybeans, corn down after supply and demand report - Brownfield Ag News](https://feedsoft.ai/events/60038-soybeans-corn-down-after-supply-and-demand-report-brownfield-ag-news.md) | -0.1% | +3.3% |

## Sources

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

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