# Due to oil prices on the world market, the prices of all commodities are rising – Lider Media

> Global grain prices rose not from exchange gains but from firmer premiums tied to oil prices. Soybean meal spot premiums increased about $20 per ton over ten days, and the weaker euro lifted euro-denominated fixed prices by 10 to 15 euros.

- Date: 2020-01-27 · published 2020-01-27T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/55169-due-to-oil-prices-on-the-world-market-the-prices-of-all-commodities-are-rising
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Higher energy-linked premiums raise physical soymeal and grain costs for feed buyers even without futures gains, while the weaker euro offsets some of that for European buyers.

## Read by commodity

- SBM: bullish ▲
- WTI: bullish ▲
- CORN: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2021-06-10 | [In the eye of the storm: How the oilseeds market emerged as the global driver of agriculture markets, its role in wider food price inflation - Fastmarkets](https://feedsoft.ai/events/46619-in-the-eye-of-the-storm-how-the-oilseeds-market-emerged-as-the-global-driver-of.md) | -2.1% | -6.2% |
| SBM | 2020-03-24 | [Commodities Report Hensall Co-op](https://feedsoft.ai/events/6174-commodities-report-hensall-co-op.md) | -2.4% | -13.3% |
| SBM | 2018-06-04 | [FoodFarmNews: China’s pig farmers plan to produce mega hog-farms to meet demands of world’s biggest pork market](https://feedsoft.ai/events/64512-foodfarmnews-china-s-pig-farmers-plan-to-produce-mega-hog-farms-to-meet-demands.md) | -4.4% | -11.1% |
| SBM | 2021-04-11 | [Argentine farmers, facing peso uncertainty, hoard soya despite high prices - Markets - Business Recorder](https://feedsoft.ai/events/47430-argentine-farmers-facing-peso-uncertainty-hoard-soya-despite-high-prices.md) | -0.1% | +8.2% |
| SBM | 2021-02-21 | [Go Behind the Chinese Grain Market Rally of 2020/21 \| StoneX](https://feedsoft.ai/events/48628-go-behind-the-chinese-grain-market-rally-of-2020-21-stonex.md) | -0.6% | -5.1% |
| CORN | 2021-05-01 | [Why prices of commodities, from metals to food, are soaring](https://feedsoft.ai/events/11301-why-prices-of-commodities-from-metals-to-food-are-soaring.md) | +2.8% | -6.2% |
| CORN | 2021-04-30 | [Inflationary Signs Are Everywhere In The Commodities Market \| Investing.com](https://feedsoft.ai/events/47516-inflationary-signs-are-everywhere-in-the-commodities-market-investing-com.md) | +5.0% | -2.1% |
| CORN | 2021-04-01 | [Are We Witnessing the Start of a New Commodities Supercycle?](https://feedsoft.ai/events/48022-are-we-witnessing-the-start-of-a-new-commodities-supercycle.md) | +0.1% | +17.6% |

## Sources

- en.lider.media: https://en.lider.media/2020/01/27/due-to-oil-prices-on-the-world-market-the-prices-of-all-commodities-are-rising/

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