# U.S. grains: Soy higher after three-day skid - Grainews

> CBOT soybeans closed higher, snapping a three-session slide, while corn and wheat rebounded from contract lows as fund selling paused. Forecasts for above-normal precipitation pointed to further U.S. planting delays, and soymeal rallied back above $300 per short ton.

- Date: 2019-04-25 · published 2019-04-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7599-u-s-grains-soy-higher-after-three-day-skid-grainews
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Planting delays can reduce yield expectations and support grain and meal prices. The rebound partly reflects technical factors, so the move may be short-lived.

## Read by commodity

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

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-grains-soy-higher-after-three-day-skid/

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