# Price of Grains on the Rise on the Exchange as Demand Soar in the Open Market

> A BusinessTrumpet market report said maize prices rose 4.83% and sorghum 0.81% in the week to early December. Soybeans and cocoa fell slightly, while paddy rice prices rose after harvest. Sorghum later eased on new barley supply.

- Date: 2021-12-02 · published 2021-12-02T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/43678-price-of-grains-on-the-rise-on-the-exchange-as-demand-soar-in-the-open-market
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Weekly price moves in these local markets show firm maize demand against limited harvest volumes. The effect on global feed prices is small.

## Read by commodity

- CORN: bullish ▲
- SORGHUM: neutral

## Sources

- businesstrumpet.com: https://businesstrumpet.com/price-of-grains-on-the-rise-on-the-exchange-as-demand-soar-in-the-open-market/

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