# Have the grains recovered or is this a pre-holiday rally? - Agweek | #1 source for agriculture news, farming, markets

> Grains closed the second week of November higher after a surprisingly bullish USDA crop production report, with soybeans reversing on November 9. Minneapolis wheat faded on spread trading to correct its premium over winter wheat, then Russia's planned export quota lifted wheat and new-crop 2022 contracts rallied sharply.

- Date: 2021-11-19 · published 2021-11-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44085-have-the-grains-recovered-or-is-this-a-pre-holiday-rally-agweek-1-source-for
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

A bullish USDA surprise and Russian export quota plans support grain prices, though spread-driven swings add near-term volatility for feed costs.

## Read by commodity

- SOY: bullish ▲
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- agweek.com: https://www.agweek.com/business/markets/have-the-grains-recovered-or-is-this-a-pre-holiday-rally

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