# Flipping Fortunes: Soy Leads Ags To Super Week As Wall Street Hit By Fear | Investing.com

> Soybeans led the main US crop futures to their best week in almost eight years, while US stock indexes fell sharply on reports of proposed higher capital gains taxes. Corn and wheat also rallied on dryness concerns in US weather and an unexpected freeze, and China was buying US soybeans for feed as its hog herd recovers from disease.

- Date: 2021-04-23 · published 2021-04-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11179-flipping-fortunes-soy-leads-ags-to-super-week-as-wall-street-hit-by-fear
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Chinese feed demand for US soybeans keeps export demand firm, supporting soybean meal and feed-grain costs. Weather worries in corn and wheat add upside pressure, though the stock market move is not a direct grain price driver.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- investing.com: https://www.investing.com/analysis/flipping-fortunes-soy-leads-ags-to-super-week-as-wall-street-hit-by-fear-200574871

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