# Who wants to call the top? — This week in the grain markets - RealAgriculture

> Grain markets rose during the week of October 24, with Chicago SRW wheat at six-year highs on La Niña concerns and corn and soybeans at multi-year highs on Chinese demand. Canola and flax also climbed, while new-crop 2021 canola, corn and SRW wheat prices fell.

- Date: 2020-10-24 · published 2020-10-24T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/50619-who-wants-to-call-the-top-this-week-in-the-grain-markets-realagriculture
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Multi-year highs in wheat, corn and soybeans raise feed input costs, while falling deferred prices signal farmers are forward selling at current levels.

## Read by commodity

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

## Sources

- realagriculture.com: https://www.realagriculture.com/2020/10/who-wants-to-call-the-top-this-week-in-the-grain-markets/

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