# 3 Big Things Today, March 17, 2020

> Soybean futures rose overnight as bargain hunters returned after the previous day's selloff. Corn was little changed and wheat was slightly lower. The Federal Reserve had cut rates to near zero, and COVID-19 cases kept rising in the US and globally.

- Date: 2020-03-17 · published 2020-03-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8372-3-big-things-today-march-17-2020
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Soybean futures are recovering from a sharp drop, while wheat remains under pressure from weak global demand expectations.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: neutral
- WHEAT: bearish ▼

## Sources

- agriculture.com: https://www.agriculture.com/news/three-big-things/3-big-things-today-march-17-2020

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