# Grain trends: prices rise further on weather and demand issues -  Premium

> Irish grain prices rose further as weather and demand concerns reduced expected oversupply. Imported maize rose 10 euros per tonne to about 215 euros per tonne, and co-op green barley and wheat prices firmed. Paris MATIF futures still showed declines in forward positions.

- Date: 2020-10-21 · published 2020-10-21T12:00:00.000Z
- Category: weather · region Ireland · magnitude medium
- Page: https://feedsoft.ai/events/12844-grain-trends-prices-rise-further-on-weather-and-demand-issues-premium
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Weather-related concerns for next year's crops and firmer imported feed prices support domestic feed grain values in Ireland and the EU. Forward curves remain weaker, so further gains for distant delivery are limited.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-04-28 | [Global weather driving price rises in grains and oilseeds: Feed market report \| AHDB](https://feedsoft.ai/events/9793-global-weather-driving-price-rises-in-grains-and-oilseeds-feed-market-report.md) | +4.4% | -7.3% |
| CORN | 2018-05-29 | [Wheat prices are rising because of the hot and dry weather](https://feedsoft.ai/events/65065-wheat-prices-are-rising-because-of-the-hot-and-dry-weather.md) | -3.7% | -9.3% |
| CORN | 2017-05-03 | [Grain, Soybean Futures Lifted by Weather Premium \| Fox Business](https://feedsoft.ai/events/10486-grain-soybean-futures-lifted-by-weather-premium-fox-business.md) | +0.5% | +1.2% |
| CORN | 2021-04-24 | [Grain prices pushed higher as weather worries grow - Farmers Weekly](https://feedsoft.ai/events/10294-grain-prices-pushed-higher-as-weather-worries-grow-farmers-weekly.md) | +13.6% | +6.9% |
| CORN | 2018-02-16 | [Wheat Holds Weather Premium](https://feedsoft.ai/events/66557-wheat-holds-weather-premium.md) | -0.0% | +5.0% |
| WHEAT | 2021-04-28 | [Global weather driving price rises in grains and oilseeds: Feed market report \| AHDB](https://feedsoft.ai/events/9793-global-weather-driving-price-rises-in-grains-and-oilseeds-feed-market-report.md) | -6.0% | -5.4% |
| WHEAT | 2018-05-29 | [Wheat prices are rising because of the hot and dry weather](https://feedsoft.ai/events/65065-wheat-prices-are-rising-because-of-the-hot-and-dry-weather.md) | -0.9% | -2.8% |
| WHEAT | 2017-05-03 | [Grain, Soybean Futures Lifted by Weather Premium \| Fox Business](https://feedsoft.ai/events/10486-grain-soybean-futures-lifted-by-weather-premium-fox-business.md) | -2.1% | -1.7% |

## Sources

- farmersjournal.ie: https://www.farmersjournal.ie/tillage/markets/grain-trends-prices-rise-further-on-weather-and-demand-issues-578890

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