# Insight: U.S. farmers eye range of good planting options after biggest grains rally in years

> US new-crop soybean prices are 25% higher than a year ago, at their highest early-February level since 2013. New-crop corn is at a seven-year high, up 15% from a year ago, and farmers are weighing planting options after the largest grains rally in years.

- Date: 2021-02-09 · published 2021-02-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/48659-insight-u-s-farmers-eye-range-of-good-planting-options-after-biggest-grains
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Strong new-crop prices encourage farmers to plant more soybeans and corn, which affects future feed supply. Buyers face elevated forward prices for both grains.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/world/americas/us-farmers-eye-range-good-planting-options-after-biggest-grains-rally-years-2021-02-09/

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