# How will Omicron affect ag markets?

> Grain futures largely resisted the energy and financial sell-off on the Black Friday half-day session, with corn closing near the top of its three-month range. Traders reacted to fears that Omicron could prompt new lockdowns and supply chain disruptions. The analysis notes that corn and soybean demand already trails last year's record pace and that fertilizer prices are at risk.

- Date: 2021-11-30 · published 2021-11-30T12:00:00.000Z
- Category: disease · region Global · magnitude low
- Page: https://feedsoft.ai/events/11599-how-will-omicron-affect-ag-markets
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Slowing demand and possible renewed lockdowns could cap feed demand, while fertilizer exposure may influence 2022 acreage and input costs. Grains proved relatively resilient near term.

## Read by commodity

- SOY: neutral
- CORN: neutral
- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-03-30 | [CoBank: Bird Flu Cases Will Affect Easter Egg Supplies, Prices](https://feedsoft.ai/events/42262-cobank-bird-flu-cases-will-affect-easter-egg-supplies-prices.md) | +5.4% | +6.9% |
| CORN | 2026-10-29 | [Should Shoppers Expect Higher Egg Prices After the Illinois Bird Flu Outbreak? Here Is What USDA Market Data Shows](https://feedsoft.ai/events/17122-should-shoppers-expect-higher-egg-prices-after-the-illinois-bird-flu-outbreak.md) | -1.5% | — |
| CORN | 2017-03-07 | [Avian flu not a market mover, at this point - Brownfield Ag News](https://feedsoft.ai/events/72135-avian-flu-not-a-market-mover-at-this-point-brownfield-ag-news.md) | -2.2% | -0.2% |
| CORN | 2020-06-12 | [VIDEO: How COVID-19 is impacting the feed ingredient supply, market \| WATTAgNet \| WATTPoultry.com](https://feedsoft.ai/events/52947-video-how-covid-19-is-impacting-the-feed-ingredient-supply-market-wattagnet.md) | +0.2% | +1.6% |
| CORN | 2021-03-05 | [Russian poultry market braces for a price hike - Food & Agribusiness](https://feedsoft.ai/events/48249-russian-poultry-market-braces-for-a-price-hike-food-and-agribusiness.md) | +5.1% | +7.2% |
| SOY | 2022-03-30 | [CoBank: Bird Flu Cases Will Affect Easter Egg Supplies, Prices](https://feedsoft.ai/events/42262-cobank-bird-flu-cases-will-affect-easter-egg-supplies-prices.md) | -0.7% | +5.1% |
| SOY | 2021-03-29 | [Observers Watching ASF in China, Herd Size a Variable Impacting Demand for Feed and Pork \| Farm Policy News \| Illinois](https://feedsoft.ai/events/48102-observers-watching-asf-in-china-herd-size-a-variable-impacting-demand-for-feed.md) | +0.9% | +12.0% |
| SOY | 2020-02-25 | [Soybeans bounce, corn stabilizes after Monday's coronavirus crash \| Financial Post](https://feedsoft.ai/events/10640-soybeans-bounce-corn-stabilizes-after-monday-s-coronavirus-crash-financial-post.md) | +1.9% | +1.1% |

## Sources

- farmprogress.com: https://www.farmprogress.com/commentary/how-will-omicron-affect-ag-markets-

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