# On The Money Grain Commentary 5-14-20 -

> Commentary says corn faces a difficult outlook with 3.3 billion bushels of ending stocks, the largest since 1987, and COVID-related demand destruction. Soybeans gained optimism from active Chinese purchases and shrinking global stockpiles. Crude oil appears to have bottomed.

- Date: 2020-05-14 · published 2020-05-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12712-on-the-money-grain-commentary-5-14-20
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Record corn stocks keep feed-grain prices under pressure, while Chinese buying and tightening soybean stocks support soybean prices. Energy stabilization may help ethanol demand.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼

## Sources

- agwatch.biz: https://www.agwatch.biz/on-the-money-grain-commentary-5-14-20/

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