# Prices sizzling as crop harvest looms | The Land | NSW

> Rabobank says global grain prices remain historically favourable, with CBOT wheat 25% higher and CBOT corn 36% higher year-on-year as of September 14. Favourable conditions in Australia are supporting yield upgrades. Low wheat and corn ending stocks and strong Chinese feed grain imports are cited as support.

- Date: 2021-09-16 · published 2021-09-16T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/12295-prices-sizzling-as-crop-harvest-looms-the-land-nsw
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Low exporter stocks and strong Chinese feed grain import demand support prices into the next 12 months, keeping feed costs elevated.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Sources

- theland.com.au: https://www.theland.com.au/story/7426825/positive-picture-emerges-for-crops-as-nation-heads-into-spring-and-the-coming-harvest/

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