# U.S. Crop Prices Are Rising, and China Is Buying

> Prices for U.S. soybeans, corn and hard red winter wheat have risen by about a third since a rally began in August. Drivers cited include weather, Chinese demand including hog feed needs, and pandemic-driven baking demand.

- Date: 2020-11-16 · published 2020-11-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/50170-u-s-crop-prices-are-rising-and-china-is-buying
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Strong Chinese purchases and tight supplies keep feed grain and oilseed costs elevated for buyers, with the rally pointing to continued upward price pressure.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- KWHEAT: bullish ▲

## Sources

- wsj.com: https://www.wsj.com/articles/u-s-crop-prices-are-rising-and-china-is-buying-11605522607?st=38esb9362vcvfox

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