# Soybeans bounce back a bit - Brownfield Ag News

> Soybeans edged higher on commercial and technical buying, with no new Chinese sales reported that morning. Heavy rain in Argentina raised concerns about planting delays and possible replanting, and corn was fractionally lower.

- Date: 2018-12-17 · published 2018-12-17T12:00:00.000Z
- Category: weather · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/7514-soybeans-bounce-back-a-bit-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Possible South American crop losses could increase U.S. export demand for soybeans, which supports prices, though the crop outlook is still developing.

## Read by commodity

- SOY: bullish ▲
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2016-04-20 | [Soybeans surge again - Brownfield Ag News](https://feedsoft.ai/events/7723-soybeans-surge-again-brownfield-ag-news.md) | +3.3% | +9.6% |
| SOY | 2020-07-02 | [Soybeans, corn extend rally - Brownfield Ag News](https://feedsoft.ai/events/12774-soybeans-corn-extend-rally-brownfield-ag-news.md) | +0.5% | -0.2% |
| SOY | 2017-05-19 | [Demand props up soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/10223-demand-props-up-soybeans-corn-brownfield-ag-news.md) | -0.6% | -0.6% |
| SOY | 2022-07-27 | [Soybeans, soybean products extend gains - Brownfield Ag News](https://feedsoft.ai/events/40517-soybeans-soybean-products-extend-gains-brownfield-ag-news.md) | +2.4% | +2.2% |
| SOY | 2017-06-07 | [Corn, soybeans higher on weather concerns - Brownfield Ag News](https://feedsoft.ai/events/70428-corn-soybeans-higher-on-weather-concerns-brownfield-ag-news.md) | +1.0% | +5.7% |
| CORN | 2023-08-15 | [Soybeans down despite dry weather concerns - Brownfield Ag News](https://feedsoft.ai/events/5617-soybeans-down-despite-dry-weather-concerns-brownfield-ag-news.md) | -0.9% | -1.3% |
| CORN | 2020-08-28 | [Soybeans supported by demand, damage concerns - Brownfield Ag News](https://feedsoft.ai/events/51651-soybeans-supported-by-demand-damage-concerns-brownfield-ag-news.md) | +0.0% | +5.4% |
| CORN | 2017-04-28 | [Wheat supported by weather concerns - Brownfield Ag News](https://feedsoft.ai/events/71544-wheat-supported-by-weather-concerns-brownfield-ag-news.md) | -0.2% | +2.7% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-bounce-back-a-bit/

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