# USDA signaling higher feed additive prices for 2021 - Benison Media

> The USDA's March 31 Grain Stocks and Planting Intentions report showed on-farm soybean stocks down 41.3%, and corn is up over 70% since August. Corn and soybean prices rose after the report, and lysine prices have followed.

- Date: 2021-04-06 · published 2021-04-06T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/47939-usda-signaling-higher-feed-additive-prices-for-2021-benison-media
- 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

Tight US soybean supplies and higher grain prices raise feed costs, pushing buyers toward amino acid additives. That supports lysine prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-04-06 | [USDA feed additive prices 2021 \| Feed Planet Magazine](https://feedsoft.ai/events/47938-usda-feed-additive-prices-2021-feed-planet-magazine.md) | +1.7% | +24.1% |
| CORN | 2020-11-30 | [Projections for feed prices up sharply: USDA](https://feedsoft.ai/events/50233-projections-for-feed-prices-up-sharply-usda.md) | -1.5% | -1.0% |
| CORN | 2020-07-06 | [USDA Surprises Drive Corn Prices Higher - farmdoc daily](https://feedsoft.ai/events/52152-usda-surprises-drive-corn-prices-higher-farmdoc-daily.md) | -0.8% | -5.0% |
| CORN | 2019-01-01 | [Fertilizer Prices Higher for 2019 Crop - ProAg](https://feedsoft.ai/events/61392-fertilizer-prices-higher-for-2019-crop-proag.md) | +1.4% | +1.8% |
| CORN | 2021-03-01 | [North American producers seeing higher meat, grain prices \| Feed Strategy](https://feedsoft.ai/events/12937-north-american-producers-seeing-higher-meat-grain-prices-feed-strategy.md) | +0.6% | +5.4% |
| SOY | 2021-04-06 | [USDA feed additive prices 2021 \| Feed Planet Magazine](https://feedsoft.ai/events/47938-usda-feed-additive-prices-2021-feed-planet-magazine.md) | -2.2% | +10.4% |
| SOY | 2021-03-01 | [North American producers seeing higher meat, grain prices \| Feed Strategy](https://feedsoft.ai/events/12937-north-american-producers-seeing-higher-meat-grain-prices-feed-strategy.md) | +2.1% | -0.3% |
| 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% |

## Sources

- benisonmedia.com: https://benisonmedia.com/usda-signaling-higher-feed-additive-prices-for-2021/

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