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Futures prices for wheat, corn and soybeans have trended upward since August 2020, accelerating in early 2021. Nearby hard red winter wheat rose 13% and corn and soybeans each rose about 23% in the 30 days before the January WASDE report.
Tightening US supplies, strong export demand led by China, and dryness in South America have pushed grain prices higher. Feed buyers face higher costs for corn, soybeans and wheat.
ers.usda.govFeb 10, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
