# Markets Remain Strong Fueled by Bullish Corn - Ag Optimus

> Ag Optimus's June 1 opening commentary reports July soybeans, meal, soyoil, corn and wheat all higher on a hot, dry forecast that restored a weather premium. Corn export inspections of 2.05 million tonnes beat expectations, with China the largest destination.

- Date: 2021-06-01 · published 2021-06-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46673-markets-remain-strong-fueled-by-bullish-corn-ag-optimus
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A renewed weather premium and strong corn export inspections support corn and soybean complex prices, which raises feed ingredient costs.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Sources

- agoptimus.com: http://agoptimus.com/markets-remain-strong-fueled-by-bullish-corn-input/

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