# Grain market week in review - April 5, 2019

> Grain futures were mostly higher after bearish USDA corn reports on Friday, with support from short covering and optimism over China trade talks. Cold, wet Midwest soils delayed planting, and the first winter wheat condition ratings were good. Soybeans gained on Chinese purchases while a strong dollar pressured wheat.

- Date: 2019-04-05 · published 2019-04-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11375-grain-market-week-in-review-april-5-2019
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Trade headlines and planting delays are the main price drivers, while bearish corn stocks data limits gains. Soybean buying from China supports soy values if negotiations advance.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WHEAT | 2019-04-08 | 1 | +3.4% | 3.2 | Weekly review ending April 5 describes short covering, Midwest planting delays from cold wet soils, and China trade optimism, which could carry into a sharp wheat rally on April 8. |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/grain-market-week-in-review-april-5-2019

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