# Grains, oilseeds up, watching weather - Brownfield Ag News

> Soybeans and corn rose modestly on short covering and technical buying. China bought 256,000 tons of new-crop U.S. beans, and USDA reported 54% of soybeans rated good to excellent. Forecasts showed mixed weather for key U.S. growing areas, with late-summer heat possible.

- Date: 2019-09-16 · published 2019-09-16T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/9442-grains-oilseeds-up-watching-weather-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Crop condition and weather risk in the Corn Belt add some upside support, but favorable late-season development limits the rally. Buyers should watch the weekly crop ratings and any early freeze risk.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-02-09 | [Weather market for grains - Brownfield Ag News](https://feedsoft.ai/events/13206-weather-market-for-grains-brownfield-ag-news.md) | -2.6% | -1.9% |
| SOY | 2020-08-26 | [Soybeans up on weather, demand from China - Brownfield Ag News](https://feedsoft.ai/events/51480-soybeans-up-on-weather-demand-from-china-brownfield-ag-news.md) | +4.5% | +11.0% |
| SOY | 2019-05-24 | [Another round of weather support - Brownfield Ag News](https://feedsoft.ai/events/5439-another-round-of-weather-support-brownfield-ag-news.md) | +6.8% | +9.9% |
| SOY | 2017-06-29 | [Wheat surges on weather concerns in Plains - Brownfield Ag News](https://feedsoft.ai/events/9719-wheat-surges-on-weather-concerns-in-plains-brownfield-ag-news.md) | +7.3% | +8.8% |
| SOY | 2017-06-07 | [Corn, soybeans higher on weather concerns - Brownfield Ag News](https://feedsoft.ai/events/70428-corn-soybeans-higher-on-weather-concerns-brownfield-ag-news.md) | +1.0% | +5.7% |
| CORN | 2024-02-09 | [Weather market for grains - Brownfield Ag News](https://feedsoft.ai/events/13206-weather-market-for-grains-brownfield-ag-news.md) | -2.2% | +2.9% |
| CORN | 2019-05-24 | [Another round of weather support - Brownfield Ag News](https://feedsoft.ai/events/5439-another-round-of-weather-support-brownfield-ag-news.md) | +7.1% | +10.0% |
| CORN | 2017-06-29 | [Wheat surges on weather concerns in Plains - Brownfield Ag News](https://feedsoft.ai/events/9719-wheat-surges-on-weather-concerns-in-plains-brownfield-ag-news.md) | +5.9% | +3.9% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/grains-oilseeds-up-watching-weather/

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