# Soybeans, corn, wheat fall further - Brownfield Ag News

> Soybeans, corn and wheat fell on speculative and technical selling, with soybean oil lower after global vegetable oil weakness. US soybean export inspections hit a marketing-year low, while NOPA reported a record June crush of 175.6 million bushels.

- Date: 2024-07-15 · published 2024-07-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9371-soybeans-corn-wheat-fall-further-brownfield-ag-news
- 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), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Weak export demand and ample corn supplies pressure feed grain and meal prices, while solid crush demand provides some support for soybean meal.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SOY | 2024-07-14 | 1 | -5.0% | -5.0 | Speculative and technical selling, weak soyoil, and a marketing-year-low export inspection figure pushed soybeans lower on July 15. |
| SOY | 2024-07-14 | 5 | -7.2% | -3.3 | Speculative and technical selling, weak soyoil and marketing-year-low export inspections extended the decline. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-corn-wheat-fall-further-2/

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