# Corn, wheat, soy fall as focus returns to big supplies - Markets - Business Recorder

> Chicago corn, wheat and soybeans fell on Monday as focus returned to large world supplies and expected bumper South American harvests. A firmer dollar also made US grains less competitive in export markets.

- Date: 2024-02-26 · published 2024-02-26T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/8024-corn-wheat-soy-fall-as-focus-returns-to-big-supplies-markets-business-recorder
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Ample global supply and a stronger dollar weigh on US export competitiveness and feed grain prices. Buyers can expect continued softness unless import demand picks up.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WHEAT | 2024-02-26 | 1 | -3.9% | -4.0 | Same-day report attributes the Monday decline in Chicago wheat to large world supplies, bumper South American crops and a firmer dollar that hurts US export competitiveness. |

## Sources

- brecorder.com: https://www.brecorder.com/news/40290746

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