# Corn climbs on U.S. export data, acreage worries; soy, wheat also firm | Financial Post

> U.S. corn futures settled higher on Monday, rallying from early declines after weekly export inspections of 976,218 tonnes beat trade estimates. Soybeans and wheat also firmed, with soyoil strength supporting beans. Corn gained most on worries that high fertilizer prices could cut 2022 plantings.

- Date: 2021-10-18 · published 2021-10-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44565-corn-climbs-on-u-s-export-data-acreage-worries-soy-wheat-also-firm-financial
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Stronger export demand and fears of lower 2022 acreage on costly fertilizer support corn and, to a lesser degree, soybeans and wheat prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/corn-climbs-on-u-s-export-data-acreage-worries-soy-wheat-also-firm

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