# Wheat May Finally Be Ready to Join the Corn Rally

> Chicago wheat's premium over corn has narrowed to about 50 cents per bushel, a level that makes feeding wheat economical. Managed money holds a large combined net short position in Chicago and Kansas wheat. Corn's rally is attributed to Brazilian safrinha planting delays and tight supplies in major exporters.

- Date: 2025-01-29 · published 2025-01-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/26560-wheat-may-finally-be-ready-to-join-the-corn-rally
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

When wheat trades close to corn, feed users substitute wheat for corn, which lifts wheat demand. A large short position raises the chance of a short-covering rally.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2025/01/29/wheat-may-finally-ready-join-corn-2

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