# Soybeans, wheat continue rally - Brownfield Ag News

> Wheat futures rallied sharply over the past ten days on food shortage concerns and global stockpiling by processors and consumers. China's return to trading activity was also cited as a factor. The article questions whether the rally will persist.

- Date: 2020-03-24 · published 2020-03-24T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/54173-soybeans-wheat-continue-rally-brownfield-ag-news
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Panic buying and China's return to imports lift wheat prices, raising feed wheat costs for livestock producers. The sustainability of the rally remains uncertain.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| KWHEAT | 2020-03-22 | 5 | +13.2% | 3.7 | Describes a sharp ten-day wheat rally driven by stockpiling and food-shortage concerns plus China's return, matching the window's drivers, though published after it. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/soybeans-wheat-continue-rally-2/

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