# Market Trends Commentary for May-June 2018 - Grain Farmers of Ontario

> Grain Farmers of Ontario's May-June 2018 commentary reports US corn planting at 29% versus 45% a year earlier and soybean planting at 15%. It summarizes the May WASDE, which projected 2018/19 US corn ending stocks at 1.682 billion bushels and soybean ending stocks at 415 million, with reduced Brazilian corn and Argentine soybean estimates.

- Date: 2018-05-14 · published 2018-05-14T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/10236-market-trends-commentary-for-may-june-2018-grain-farmers-of-ontario
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower projected US corn ending stocks and smaller South American crops support feed grain prices. Planting delays could further tighten supply if spring weather persists.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-06-18 | [Market Trends Commentary for June-July 2018 - Grain Farmers of Ontario](https://feedsoft.ai/events/12355-market-trends-commentary-for-june-july-2018-grain-farmers-of-ontario.md) | -0.9% | -3.9% |
| CORN | 2021-02-16 | [Market Trends Report - February & March 2021 - Grain Farmers of Ontario](https://feedsoft.ai/events/9249-market-trends-report-february-and-march-2021-grain-farmers-of-ontario.md) | +1.5% | -3.8% |
| CORN | 2020-06-30 | [Daily Market Wire 30 June 2020 - Grain Central](https://feedsoft.ai/events/52723-daily-market-wire-30-june-2020-grain-central.md) | +3.3% | -1.5% |
| CORN | 2020-06-12 | [Daily Market Wire 12 June 2020 - Grain Central](https://feedsoft.ai/events/4927-daily-market-wire-12-june-2020-grain-central.md) | +0.2% | +1.6% |
| CORN | 2024-07-14 | [Daily Market Wire 15 July 2024 - Grain Central](https://feedsoft.ai/events/29204-daily-market-wire-15-july-2024-grain-central.md) | -1.5% | -2.1% |
| SOY | 2018-06-18 | [Market Trends Commentary for June-July 2018 - Grain Farmers of Ontario](https://feedsoft.ai/events/12355-market-trends-commentary-for-june-july-2018-grain-farmers-of-ontario.md) | -1.2% | -8.4% |
| SOY | 2018-01-15 | [Market trends report for January-February 2018 - Grain Farmers of Ontario](https://feedsoft.ai/events/9199-market-trends-report-for-january-february-2018-grain-farmers-of-ontario.md) | +4.3% | +6.1% |
| SOY | 2022-01-17 | [Market Trends Report – January & February 2022 - Grain Farmers of Ontario](https://feedsoft.ai/events/11815-market-trends-report-january-and-february-2022-grain-farmers-of-ontario.md) | +3.4% | +15.7% |

## Sources

- gfo.ca: https://gfo.ca/market-trends/market-trends-commentary-for-may-june-2018/

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