# Corn futures hit decade-high above $8 per bushel on global supply | Food News | Al Jazeera

> CBOT corn futures topped $8 a bushel on April 18, the highest in nearly a decade, on concerns about cold US weather slowing planting and the Ukraine war disrupting grain exports. Planting was 2% complete as of April 10, behind the five-year average of 3%.

- Date: 2022-04-18 · published 2022-04-18T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/41873-corn-futures-hit-decade-high-above-8-per-bushel-on-global-supply-food-news-al
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Delayed US planting raises yield risk while blocked Black Sea shipments remove supply, both supporting corn prices for feed buyers.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-04-27 | [Corn hits fresh near 8-year high as global supplies tighten](https://feedsoft.ai/events/9398-corn-hits-fresh-near-8-year-high-as-global-supplies-tighten.md) | +4.7% | -1.2% |
| CORN | 2021-04-26 | [Corn futures jump to a 7-year high on supply concerns](https://feedsoft.ai/events/9399-corn-futures-jump-to-a-7-year-high-on-supply-concerns.md) | +13.6% | +6.9% |
| CORN | 2026-05-05 | [Corn Futures Hold Near Year-High on Strong Export Demand, Supply Risks - Bloomberg](https://feedsoft.ai/events/19269-corn-futures-hold-near-year-high-on-strong-export-demand-supply-risks-bloomberg.md) | -0.3% | -2.7% |
| CORN | 2022-09-30 | [Long road ahead for restoring global corn supply hit by weather, war](https://feedsoft.ai/events/39503-long-road-ahead-for-restoring-global-corn-supply-hit-by-weather-war.md) | +1.0% | +3.8% |
| CORN | 2021-04-26 | [Will soaring US crop prices show up on a grocery shelf near you? \| Food News \| Al Jazeera](https://feedsoft.ai/events/9403-will-soaring-us-crop-prices-show-up-on-a-grocery-shelf-near-you-food-news-al.md) | +13.6% | +6.9% |
| WHEAT | 2021-04-26 | [Corn futures jump to a 7-year high on supply concerns](https://feedsoft.ai/events/9399-corn-futures-jump-to-a-7-year-high-on-supply-concerns.md) | +3.3% | -0.2% |
| WHEAT | 2021-04-26 | [Will soaring US crop prices show up on a grocery shelf near you? \| Food News \| Al Jazeera](https://feedsoft.ai/events/9403-will-soaring-us-crop-prices-show-up-on-a-grocery-shelf-near-you-food-news-al.md) | +3.3% | -0.2% |
| WHEAT | 2021-05-06 | [Corn jumps 1.2% to 2013 high on tightening global supplies; wheat firms](https://feedsoft.ai/events/11302-corn-jumps-1-2-to-2013-high-on-tightening-global-supplies-wheat-firms.md) | +4.6% | -1.5% |

## Sources

- aljazeera.com: https://www.aljazeera.com/news/2022/4/18/corn-futures-hit-decade-high-above-8-bushel-on-global-supply

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