# Grains: Prices Taking a Breather  — Breakwave Advisors

> Corn futures have fallen about 15% from an eight-year high reached in mid-May, after that rally had lifted prices roughly 150% since August. A USDA report projected US corn inventories rising by 250 million bushels for 2021/22, above market expectations, and soybeans also retreated on better planting weather in the US Midwest.

- Date: 2021-05-25 · published 2021-05-25T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/47288-grains-prices-taking-a-breather-breakwave-advisors
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A larger projected US carryout and competition from Argentina, Brazil and Ukraine point to weaker US corn and soybean prices, though dry Brazilian weather could limit the decline.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-07-11 | [Grain Markets Tank on Weather, Fade the WASDE: How Low Could Prices Fall? - AgWeb](https://feedsoft.ai/events/11928-grain-markets-tank-on-weather-fade-the-wasde-how-low-could-prices-fall-agweb.md) | -0.7% | -1.5% |
| CORN | 2018-09-15 | [Grain prices down—hay prices up](https://feedsoft.ai/events/63165-grain-prices-down-hay-prices-up.md) | +3.1% | +4.7% |
| CORN | 2018-09-28 | [U.S. grains: Bigger-than-expected supplies knock down prices - Grainews](https://feedsoft.ai/events/63056-u-s-grains-bigger-than-expected-supplies-knock-down-prices-grainews.md) | -0.4% | -1.8% |
| CORN | 2016-07-18 | [Grain Supply and Demand report sends grain prices falling](https://feedsoft.ai/events/7417-grain-supply-and-demand-report-sends-grain-prices-falling.md) | +5.9% | +1.7% |
| CORN | 2016-11-11 | [Another record-breaking harvest \| World-grain.com \| November 04, 2016 18:17 \| World Grain](https://feedsoft.ai/events/12239-another-record-breaking-harvest-world-grain-com-november-04-2016-18-17-world.md) | -3.6% | -0.7% |
| SOY | 2025-07-11 | [Grain Markets Tank on Weather, Fade the WASDE: How Low Could Prices Fall? - AgWeb](https://feedsoft.ai/events/11928-grain-markets-tank-on-weather-fade-the-wasde-how-low-could-prices-fall-agweb.md) | +0.9% | -4.0% |
| SOY | 2018-09-15 | [Grain prices down—hay prices up](https://feedsoft.ai/events/63165-grain-prices-down-hay-prices-up.md) | +3.1% | +5.6% |
| SOY | 2018-09-28 | [U.S. grains: Bigger-than-expected supplies knock down prices - Grainews](https://feedsoft.ai/events/63056-u-s-grains-bigger-than-expected-supplies-knock-down-prices-grainews.md) | +0.5% | -1.5% |

## Sources

- breakwaveadvisors.com: https://www.breakwaveadvisors.com/insights/2021/5/25/grains-prices-taking-a-breather

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