# GRAINS-U.S. wheat futures jump; export hopes boost corn, soybeans

> China dropped its anti-dumping probe into U.S. sorghum imports, ending a dispute that had disrupted global grain trade. Chinese Vice Premier Liu He was in Washington for talks aimed at resolving broader US-China trade tensions. CBOT wheat surged about 4% on dry U.S. Plains forecasts, while corn gained 1.6%.

- Date: 2018-05-18 · published 2018-05-18T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/10914-grains-u-s-wheat-futures-jump-export-hopes-boost-corn-soybeans
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Easing of the sorghum duties restores a feed-grain export outlet and lifts sorghum and corn demand expectations. Hopes for a wider trade settlement support soybean and feed-grain prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-04-23 | [U.S. grains: Export hopes push soy, corn, wheat futures higher - Grainews](https://feedsoft.ai/events/53671-u-s-grains-export-hopes-push-soy-corn-wheat-futures-higher-grainews.md) | -2.4% | -0.3% |
| CORN | 2020-08-03 | [U.S. wheat futures fall on U.S. export woes; corn, soybeans firm \| Financial Post](https://feedsoft.ai/events/51658-u-s-wheat-futures-fall-on-u-s-export-woes-corn-soybeans-firm-financial-post.md) | -1.4% | +7.2% |
| CORN | 2017-10-19 | [U.S. grains: Soy, wheat, corn firm on export demand - AgCanada](https://feedsoft.ai/events/68544-u-s-grains-soy-wheat-corn-firm-on-export-demand-agcanada.md) | +0.4% | -5.5% |
| CORN | 2018-11-30 | [U.S. grains: Wheat, soy, corn climb - Grainews](https://feedsoft.ai/events/9515-u-s-grains-wheat-soy-corn-climb-grainews.md) | +8.0% | +8.5% |
| CORN | 2026-06-18 | [Grains End Higher on Soybean Export Biz as China Also Looks for Corn and Wheat - AgWeb](https://feedsoft.ai/events/14571-grains-end-higher-on-soybean-export-biz-as-china-also-looks-for-corn-and-wheat.md) | -1.2% | +0.1% |
| SOY | 2020-04-23 | [U.S. grains: Export hopes push soy, corn, wheat futures higher - Grainews](https://feedsoft.ai/events/53671-u-s-grains-export-hopes-push-soy-corn-wheat-futures-higher-grainews.md) | -0.4% | +1.4% |
| SOY | 2020-08-03 | [U.S. wheat futures fall on U.S. export woes; corn, soybeans firm \| Financial Post](https://feedsoft.ai/events/51658-u-s-wheat-futures-fall-on-u-s-export-woes-corn-soybeans-firm-financial-post.md) | -3.0% | +5.9% |
| SOY | 2017-10-19 | [U.S. grains: Soy, wheat, corn firm on export demand - AgCanada](https://feedsoft.ai/events/68544-u-s-grains-soy-wheat-corn-firm-on-export-demand-agcanada.md) | -0.9% | -0.8% |

## Sources

- cnbc.com: https://www.cnbc.com/2018/05/18/reuters-america-grains-u-s-wheat-futures-jump-export-hopes-boost-corn-soybeans.html

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