# U.S. grains: Corn highest since 2013 - AgCanada

> CBOT July corn settled up 25 cents at $6.31.5 a bushel, the highest since 2013, while July wheat ended at $7.10.5 and July soybeans at $15.14.25. Supplies from the 2021 US harvest are dwindling, and traders are watching a US cold spell and Brazilian dryness.

- Date: 2021-04-23 · published 2021-04-23T12:00:00.000Z
- Category: weather · region US · magnitude high
- Page: https://feedsoft.ai/events/10295-u-s-grains-corn-highest-since-2013-agcanada
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Dwindling old-crop stocks and weather risks in the US and Brazil point to tighter feed grain supply and higher prices. Wheat is also gaining as a feed substitute when corn is expensive.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- FISHMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-01-19 | [U.S. grains: Wheat, corn rally to highest since December - AgCanada](https://feedsoft.ai/events/11816-u-s-grains-wheat-corn-rally-to-highest-since-december-agcanada.md) | +1.9% | -1.5% |
| WHEAT | 2017-05-19 | [U.S. grains: Corn hits one-week high on weather worries - AgCanada](https://feedsoft.ai/events/7590-u-s-grains-corn-hits-one-week-high-on-weather-worries-agcanada.md) | +3.0% | +2.4% |
| WHEAT | 2018-04-03 | [U.S. grains: Wheat surges as USDA says crop conditions worst since 2002 - AgCanada](https://feedsoft.ai/events/65542-u-s-grains-wheat-surges-as-usda-says-crop-conditions-worst-since-2002-agcanada.md) | +1.0% | +6.8% |
| WHEAT | 2021-07-14 | [U.S. grains: Corn, soybeans up on weather worries - AgCanada](https://feedsoft.ai/events/45918-u-s-grains-corn-soybeans-up-on-weather-worries-agcanada.md) | +1.5% | +0.1% |
| WHEAT | 2025-01-29 | [U.S. grains: Corn futures hit over one-year high on Argentine weather worries - AgCanada](https://feedsoft.ai/events/6889-u-s-grains-corn-futures-hit-over-one-year-high-on-argentine-weather-worries.md) | +0.6% | +1.4% |
| SOY | 2022-01-19 | [U.S. grains: Wheat, corn rally to highest since December - AgCanada](https://feedsoft.ai/events/11816-u-s-grains-wheat-corn-rally-to-highest-since-december-agcanada.md) | +3.4% | +14.0% |
| SOY | 2022-01-05 | [U.S. grains: Soybeans up with session peak highest since July - AgCanada](https://feedsoft.ai/events/5774-u-s-grains-soybeans-up-with-session-peak-highest-since-july-agcanada.md) | -0.1% | +12.1% |
| SOY | 2019-08-30 | [U.S. grains: Corn, soy set one-week highs on weather concerns - AgCanada](https://feedsoft.ai/events/5702-u-s-grains-corn-soy-set-one-week-highs-on-weather-concerns-agcanada.md) | -1.3% | +3.1% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-grains-corn-highest-since-2013
- undercurrentnews.com: https://www.undercurrentnews.com/2021/04/23/peru-announces-2-5m-metric-ton-anchovy-quota/

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