# 2021 IPPE: Price Outlook for Grain in 2021
						 | The Poultry Site

> At the 2021 IPPE, economist Paul Aho reviewed grain price trends, noting corn rose from $3.30 in August to $4.85 by December, and soybean meal rose about 50% over the same period. He attributed the rally to rising Chinese corn imports, which climbed from 4 million to a projected 16 million tonnes, along with lower US soybean stocks.

- Date: 2021-02-18 · published 2021-02-18T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/48722-2021-ippe-price-outlook-for-grain-in-2021-the-poultry-site
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Projected Chinese import growth and tight US soybean stocks, with 2021 ending stocks near pipeline levels, support feed grain and meal prices for buyers.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲

## Sources

- thepoultrysite.com: https://www.thepoultrysite.com/news/2021/02/2021-ippe-price-outlook-for-grain-in-2021

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