# Sentiment keeps swelling global grains prices, but uncertainty remains

> S&P Global analysts say the 2021 grain price rally has been demand-driven, led by China's large purchases to rebuild its hog herd and stock inventories. China's 2021 corn imports are seen at a record 24 million mt and wheat imports at about 10 million mt.

- Date: 2021-05-07 · published 2021-05-07T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/46954-sentiment-keeps-swelling-global-grains-prices-but-uncertainty-remains
- 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

Sustained Chinese import demand supports global grain and oilseed prices, though weather and other risks could cause volatility.

## Read by commodity

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

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/blog/agriculture/050721-global-grains-price-rally-coronavirus-china-weather-tariffs-trade

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