# A wild week for grain, equity markets (and the world) - this week in the grain markets - RealAgriculture

> Grain markets closed the second week of March lower as the complex sold off alongside oil and equities. May soybeans fell to new contract lows on demand fears and better South American weather. The March WASDE report made almost no changes to US balance sheets, though it trimmed price forecasts and adjusted South American soybean estimates.

- Date: 2020-03-14 · published 2020-03-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8370-a-wild-week-for-grain-equity-markets-and-the-world-this-week-in-the-grain
- 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

Weak demand expectations and the lack of a bullish USDA surprise keep downward pressure on grain futures, with South American crop prospects weighing on soybeans.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SOY | 2020-03-15 | 1 | -3.0% | -3.9 | Weekly wrap shows May soybeans hitting new contract lows as the complex sold off with oil and equities on demand fears, directly describing the week ending the move. |
| CORN | 2020-03-15 | 1 | -2.6% | -3.2 | The week's grain selloff alongside oil and equities shows corn moving with broad market weakness. |

## Sources

- realagriculture.com: https://www.realagriculture.com/2020/03/a-wild-week-for-grain-equity-markets-and-the-world-this-week-in-the-grain-markets/

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