# Afternoon Market Recap for May 19, 2021 - Morrow County Grain Growers

> Corn, soybeans and wheat all faced losses in the May 19, 2021 afternoon session amid a broad commodity selloff. Soybeans and wheat fell about 2%, while corn posted mixed results. Forecasts called for more wet weather in the Midwest and Plains, and crude oil fell 3.5%.

- Date: 2021-05-19 · published 2021-05-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12370-afternoon-market-recap-for-may-19-2021-morrow-county-grain-growers
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

This is a routine market wrap describing moves in grains and energy without a major new supply shock. Wet forecasts for planting areas are a modest factor that could limit further declines in corn.

## Read by commodity

- SOY: bearish ▼
- WTI: bearish ▼
- CORN: neutral
- WHEAT: bearish ▼

## Sources

- mcgg.net: https://mcgg.net/story-afternoon-market-recap-may-19-2021-22-214280

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