# High soy and corn prices affect Lysine market - Food & Agribusiness

> USDA's March 31 Grain Stocks and Planting Intentions report showed US on-farm soybean stocks down 41.3%, and corn prices have risen over 70% since August. Soybean prices are back in a profitable range, and buyers may need to import soybeans from South America this summer.

- Date: 2021-04-07 · published 2021-04-07T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/47937-high-soy-and-corn-prices-affect-lysine-market-food-and-agribusiness
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Lysine](https://feedsoft.ai/c/LYSINE.md)

## Why it matters

Tighter US soybean supplies lift corn and soybean costs, which pushes feed buyers toward amino acid additives such as lysine. Lysine prices are rising alongside the grains.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- LYSINE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-04-11 | [Rabobank: Soy up and corn down in Brazil - Food & Agribusiness](https://feedsoft.ai/events/65343-rabobank-soy-up-and-corn-down-in-brazil-food-and-agribusiness.md) | -0.7% | +3.1% |
| CORN | 2020-11-25 | [Smaller crops, higher prices for corn, soy \| 2020-11-25  \| Food Business News](https://feedsoft.ai/events/50171-smaller-crops-higher-prices-for-corn-soy-2020-11-25-food-business-news.md) | -1.3% | -2.2% |
| CORN | 2018-02-09 | [Corn price in sweet spot, soybeans may falter \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/66525-corn-price-in-sweet-spot-soybeans-may-falter-iowa-agribusiness-radio-network.md) | +0.2% | +3.3% |
| CORN | 2019-06-28 | [Higher priced corn challenging cattle prices \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/9501-higher-priced-corn-challenging-cattle-prices-iowa-agribusiness-radio-network.md) | -2.0% | -4.5% |
| CORN | 2022-04-08 | [Food prices hit record high in March, U.N. agency says \| Reuters](https://feedsoft.ai/events/41886-food-prices-hit-record-high-in-march-u-n-agency-says-reuters.md) | -0.7% | -6.4% |
| SOY | 2020-11-25 | [Smaller crops, higher prices for corn, soy \| 2020-11-25  \| Food Business News](https://feedsoft.ai/events/50171-smaller-crops-higher-prices-for-corn-soy-2020-11-25-food-business-news.md) | -3.2% | +5.7% |
| SOY | 2018-04-10 | [U.S. soybean carryover down from March, wheat and corn up \| 2018-04-10  \| Food Business News](https://feedsoft.ai/events/65482-u-s-soybean-carryover-down-from-march-wheat-and-corn-up-2018-04-10-food.md) | -0.5% | -4.3% |
| SOY | 2019-09-30 | [USDA Releases Market-Friendly Data for Corn and Soybeans](https://feedsoft.ai/events/57009-usda-releases-market-friendly-data-for-corn-and-soybeans.md) | +3.8% | +4.2% |

## Sources

- foodagribusiness.world: https://www.foodagribusiness.world/feed/high-soy-and-corn-prices-affect-lysine-market

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