# Corn futures set 14-month high on strong export demand

> CBOT corn futures reached their highest level in over a year on strong export demand. Wheat firmed after USDA reported only 41% of U.S. winter wheat in good or excellent condition, below the 52% analysts expected. Soybeans were near unchanged after hitting their highest since July 2016.

- Date: 2020-10-27 · published 2020-10-27T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/5717-corn-futures-set-14-month-high-on-strong-export-demand
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Export demand and a weaker-than-expected U.S. winter wheat crop rating tighten supplies for feed grains. Feed buyers should budget for higher corn and wheat costs.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-10-23 | [Corn Futures Extend Rally to 14-Month High on U.S. Export Demand](https://feedsoft.ai/events/5712-corn-futures-extend-rally-to-14-month-high-on-u-s-export-demand.md) | +0.8% | +10.6% |
| CORN | 2025-12-03 | [US corn futures rise on strong export sales](https://feedsoft.ai/events/21540-us-corn-futures-rise-on-strong-export-sales.md) | +0.7% | -0.4% |
| CORN | 2021-03-17 | [Corn lingers around over one-week high on strong export demand \| Financial Post](https://feedsoft.ai/events/10762-corn-lingers-around-over-one-week-high-on-strong-export-demand-financial-post.md) | +11.0% | +14.2% |
| CORN | 2026-02-03 | [Ukraine corn climbs to 5-month high on strong Turkish demand, logistics bottlenecks](https://feedsoft.ai/events/14140-ukraine-corn-climbs-to-5-month-high-on-strong-turkish-demand-logistics.md) | +0.6% | +1.8% |
| CORN | 2020-10-22 | [U.S. soy futures firm to highest since 2016, corn hits 14-1/2-month high](https://feedsoft.ai/events/5719-u-s-soy-futures-firm-to-highest-since-2016-corn-hits-14-1-2-month-high.md) | +1.6% | +11.5% |
| WHEAT | 2020-10-23 | [Corn Futures Extend Rally to 14-Month High on U.S. Export Demand](https://feedsoft.ai/events/5712-corn-futures-extend-rally-to-14-month-high-on-u-s-export-demand.md) | -0.1% | -4.5% |
| WHEAT | 2017-02-07 | [Good export demand boosts corn futures - Brownfield Ag News](https://feedsoft.ai/events/72528-good-export-demand-boosts-corn-futures-brownfield-ag-news.md) | +0.4% | -0.2% |
| WHEAT | 2026-10-29 | [CME : Wheat futures bounce from oversold levels on strong export demand. \| MarketScreener UAE Emirates](https://feedsoft.ai/events/2000-cme-wheat-futures-bounce-from-oversold-levels-on-strong-export-demand.md) | -0.4% | — |

## Sources

- marketscreener.com: https://www.marketscreener.com/quote/future/WHEAT-FUTURE-ZW-CBE-C1-16218/news/Corn-futures-set-14-month-high-on-strong-export-demand-31623482/

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