# Strong rise in soybeans, corn and wheat in Chicago

> Soybeans, corn and wheat rose in Chicago trading, with soybeans up more than 2% after reaching new highs since late October. The gains were attributed to technical buying.

- Date: 2016-11-08 · published 2016-11-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8307-strong-rise-in-soybeans-corn-and-wheat-in-chicago
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Technical buying alone adds short-term momentum, and feed buyers should watch whether it holds ahead of the USDA report.

## Read by commodity

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

## Sources

- zmp.de: https://www.zmp.de/en/futures/news/newsticker-strong-rise-soybeans-corn-and-wheat-chicago-2016-11-08

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