# Narrowing corn-wheat ratio drives wheat pricing - Grain Central

> Corn and wheat prices have narrowed to near parity, a rare occurrence last seen during the 2011-2013 US drought. Analysts note that wheat's usual premium over corn is shrinking as corn becomes relatively expensive.

- Date: 2021-04-30 · published 2021-04-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/47639-narrowing-corn-wheat-ratio-drives-wheat-pricing-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

As corn reaches parity with wheat, feeders are likely to substitute wheat into rations, increasing wheat feed demand and supporting its price.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bullish ▲

## Sources

- graincentral.com: https://www.graincentral.com/markets/narrowing-corn-wheat-ratio-drives-wheat-pricing/

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