# Grains, oilseeds prices six-year high: IGC - Grain Central

> The International Grains Council reported its grains and oilseeds price index rose 8% in October to its highest level in over six years. Corn rose 18%, soybeans 8% and wheat 7%, while rice fell 1%.

- Date: 2020-11-03 · published 2020-11-03T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/50192-grains-oilseeds-prices-six-year-high-igc-grain-central
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Rising global prices driven by import demand and tight old-crop supplies raise feed ingredient costs for buyers across all grains.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-11-08 | [Grains, oilseed prices firmed: FAO-AMIS - Grain Central](https://feedsoft.ai/events/56101-grains-oilseed-prices-firmed-fao-amis-grain-central.md) | +0.0% | -0.3% |
| CORN | 2021-05-05 | [Prices higher, corn continues tight: IGC - Grain Central](https://feedsoft.ai/events/47118-prices-higher-corn-continues-tight-igc-grain-central.md) | +1.4% | -4.0% |
| CORN | 2018-06-19 | [Wheat/barley price prospects on the rise; oilseeds to fall: ABARES - Grain Central](https://feedsoft.ai/events/64497-wheat-barley-price-prospects-on-the-rise-oilseeds-to-fall-abares-grain-central.md) | -0.9% | -2.0% |
| CORN | 2018-08-23 | [Global wheat harvest to fall for first time in six years: IGC - Grain Central](https://feedsoft.ai/events/63504-global-wheat-harvest-to-fall-for-first-time-in-six-years-igc-grain-central.md) | -1.9% | -1.8% |
| CORN | 2021-05-12 | [Soybeans Surge Near 9-Year High \| Feed & Grain](https://feedsoft.ai/events/11984-soybeans-surge-near-9-year-high-feed-and-grain.md) | -7.8% | -3.3% |
| SOY | 2019-11-08 | [Grains, oilseed prices firmed: FAO-AMIS - Grain Central](https://feedsoft.ai/events/56101-grains-oilseed-prices-firmed-fao-amis-grain-central.md) | -2.7% | -3.8% |
| SOY | 2021-05-12 | [Soybeans Surge Near 9-Year High \| Feed & Grain](https://feedsoft.ai/events/11984-soybeans-surge-near-9-year-high-feed-and-grain.md) | -3.9% | -4.6% |
| SOY | 2020-10-01 | [Grain Bins Not As Full At Close Of Marketing Year - Central Mo Info](https://feedsoft.ai/events/50701-grain-bins-not-as-full-at-close-of-marketing-year-central-mo-info.md) | +2.7% | +3.3% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/grains-oilseeds-prices-six-year-high-igc/

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