# Doud projects high commodity prices through harvest 2022

> CoBank economist Jacqui Fatka reports that Gregg Doud expects high commodity prices through harvest 2022, with China's strong demand for protein and feed driving the market. Doud says China could come close to its $40 billion annual US ag purchase target, but tariffs of $360 billion remain and the Phase One deal expires at year-end.

- Date: 2021-08-18 · published 2021-08-18T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/45419-doud-projects-high-commodity-prices-through-harvest-2022
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Expectations of sustained Chinese feed demand support corn, soybean and meal prices, while the post-2021 tariff uncertainty adds downside risk.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-06-10 | [Brazil’s 2024-2025 Corn Harvest Grows, But Exports Projected to Decrease](https://feedsoft.ai/events/13494-brazil-s-2024-2025-corn-harvest-grows-but-exports-projected-to-decrease.md) | +0.7% | -2.6% |
| CORN | 2017-11-03 | [Is record large corn demand enough to push prices higher?](https://feedsoft.ai/events/68013-is-record-large-corn-demand-enough-to-push-prices-higher.md) | -5.1% | -4.6% |
| CORN | 2021-10-08 | [High feed costs: How we got here and how to overcome them \| Ag Proud](https://feedsoft.ai/events/44691-high-feed-costs-how-we-got-here-and-how-to-overcome-them-ag-proud.md) | -2.4% | +6.0% |
| CORN | 2020-01-22 | [Paid Program: Corn Prices: Room to Run in 2020](https://feedsoft.ai/events/55100-paid-program-corn-prices-room-to-run-in-2020.md) | -0.4% | -0.9% |
| CORN | 2017-07-19 | [US ethanol exports ease thanks to higher prices at home  : The Daily Digest](https://feedsoft.ai/events/69962-us-ethanol-exports-ease-thanks-to-higher-prices-at-home-the-daily-digest.md) | -1.3% | -4.5% |
| SOY | 2020-12-22 | [Commodities 2021: US soybean prices likely to rise on high exports, tight stocks \| S&P Global](https://feedsoft.ai/events/49680-commodities-2021-us-soybean-prices-likely-to-rise-on-high-exports-tight-stocks.md) | +4.2% | +10.2% |
| SOY | 2019-12-15 | [Major commodities ride through obstacles in 2019 \| Borneo Post Online](https://feedsoft.ai/events/10022-major-commodities-ride-through-obstacles-in-2019-borneo-post-online.md) | +2.3% | +2.3% |
| SOY | 2021-10-08 | [High feed costs: How we got here and how to overcome them \| Ag Proud](https://feedsoft.ai/events/44691-high-feed-costs-how-we-got-here-and-how-to-overcome-them-ag-proud.md) | -3.3% | -3.0% |

## Sources

- farmprogress.com: https://www.farmprogress.com/business/doud-projects-high-commodity-prices-through-harvest-2022

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