# .Logo_svg__mw1{fill:#fff}

> Corn, soybean and wheat futures have climbed to their highest levels since 2013, with corn up more than 30% so far in 2021. Commentary attributes continued strength to Chinese demand and a short squeeze.

- Date: 2021-04-29 · published 2021-04-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47624-logo-svg-mw1-fill-fff
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Strong Chinese buying and tight old-crop supplies keep feed grain prices elevated, raising feed costs for buyers. The commentary suggests further upside for corn and soybeans in the near term.

## Read by commodity

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

## Sources

- marketwatch.com: https://www.marketwatch.com/story/why-the-rally-for-corn-soybeans-and-wheat-likely-isnt-over-11619713369

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