# Politics lure prices higher — this week in the grain markets - RealAgriculture

> Grain markets rose in the week to May 17, 2019, with corn and winter wheat making the largest gains while soybeans fell 17-18 cents on Friday. US planting lagged badly, with 30% of corn and 9% of soybeans planted by May 12 versus five-year averages of 66% and 29%. The US also dropped steel tariffs on Mexico and Canada, and a second round of trade aid was announced.

- Date: 2019-05-18 · published 2019-05-18T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/12126-politics-lure-prices-higher-this-week-in-the-grain-markets-realagriculture
- 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

Severe US planting delays raise the risk of lower corn output and prompt-period price support, while the trade aid and tariff changes add some support to sentiment.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-08-15 | [Bearish August WASDE and a small rally — This week in the grain markets - RealAgriculture](https://feedsoft.ai/events/10687-bearish-august-wasde-and-a-small-rally-this-week-in-the-grain-markets.md) | +1.3% | +9.3% |
| CORN | 2020-10-05 | [Grain Markets Start the Week Higher - ProAg](https://feedsoft.ai/events/11633-grain-markets-start-the-week-higher-proag.md) | +0.6% | +5.8% |
| CORN | 2020-08-19 | [Midweek Markets: Where are grain prices headed next?](https://feedsoft.ai/events/51664-midweek-markets-where-are-grain-prices-headed-next.md) | +2.3% | +8.3% |
| CORN | 2019-06-02 | [Feed cost increases have feedyards paying attention to the weather market - RealAgriculture](https://feedsoft.ai/events/58669-feed-cost-increases-have-feedyards-paying-attention-to-the-weather-market.md) | -1.9% | +1.4% |
| CORN | 2018-05-14 | [Higher feed grain prices pressure cattle feeder market - Canadian Cattlemen](https://feedsoft.ai/events/65129-higher-feed-grain-prices-pressure-cattle-feeder-market-canadian-cattlemen.md) | +1.7% | -1.8% |
| SOY | 2019-09-07 | [Tumbling into September — this week in the grain markets - RealAgriculture](https://feedsoft.ai/events/9143-tumbling-into-september-this-week-in-the-grain-markets-realagriculture.md) | +4.7% | +8.4% |
| SOY | 2018-11-04 | [Wheat markets mixed during week - Agriculture News Network](https://feedsoft.ai/events/11215-wheat-markets-mixed-during-week-agriculture-news-network.md) | 0.0% | +3.5% |
| SOY | 2016-11-09 | [Warm autumn weather cools U.S. feed demand, worsening grain glut - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/73882-warm-autumn-weather-cools-u-s-feed-demand-worsening-grain-glut-agweek-1-source.md) | -1.6% | +2.5% |

## Sources

- realagriculture.com: https://www.realagriculture.com/2019/05/politics-lure-grain-markets-higher-this-week-in-the-grain-markets/

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