# Catching the Whirlwind - AgWeb

> Weekly market summary reports wheat prices rallied sharply since early April, while May corn gained 1.5% for the week on planting delay concerns. Corn export bookings rebounded to over 1.3 MMT, ethanol output fell, and Argentina's corn condition rating declined.

- Date: 2024-04-26 · published 2024-04-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12146-catching-the-whirlwind-agweb
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Wheat's strong rally adds pressure on feed buyers, while corn support from planting delay fears and firm export demand keeps corn prices supported.

## Read by commodity

- CORN: bullish ▲
- DDGS: neutral
- WHEAT: bullish ▲

## Sources

- agweb.com: https://www.agweb.com/opinion/catching-whirlwind

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