# Ingredient markets up and down in volatile year | 2020-12-29  | World Grain

> A year-end review says China's purchases, COVID-19 disruption and the August derecho and later drought shaped 2020 grain and oilseed markets. Soybeans led gains, pulling corn and wheat higher. Strong Chinese protein imports for hog feed were a key demand driver.

- Date: 2020-12-29 · published 2020-12-29T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/49720-ingredient-markets-up-and-down-in-volatile-year-2020-12-29-world-grain
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Tight US and South American supplies combined with steady Chinese feed demand have supported prices into 2021, keeping feed ingredient costs elevated.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Sources

- world-grain.com: https://www.world-grain.com/articles/14661-ingredient-markets-up-and-down-in-volatile-year

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