# Grains jump on planting delays short-covering | Saxo

> Grain prices rose led by corn after hitting trade-war lows on Monday, as slow US planting and talk of a June trade deal prompted short-covering by funds holding a record sector short. Only 30% of the US corn crop was planted, the slowest pace since 2013, and soybean planting was the worst start in six years.

- Date: 2019-05-15 · published 2019-05-15T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/5740-grains-jump-on-planting-delays-short-covering-saxo
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Planting delays raise the risk of smaller corn acreage and support prices, while weak Chinese demand for soybeans related to African Swine Fever continues to weigh on soy.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-05-14 | [U.S. grains: Corn, soy rally as slow planting pace ignites short-covering - Manitoba Co-operator](https://feedsoft.ai/events/6665-u-s-grains-corn-soy-rally-as-slow-planting-pace-ignites-short-covering-manitoba.md) | +7.0% | +11.7% |
| CORN | 2021-03-05 | [Wet Weather Delays Safrinha Corn Planting in Mato Grosso](https://feedsoft.ai/events/47963-wet-weather-delays-safrinha-corn-planting-in-mato-grosso.md) | +5.1% | +7.2% |
| CORN | 2019-05-15 | [Corn At Seven Week High On US Planting Delays \| Checkout](https://feedsoft.ai/events/6668-corn-at-seven-week-high-on-us-planting-delays-checkout.md) | +5.5% | +11.1% |
| CORN | 2019-05-30 | [U.S. planting delays could hurt yields, quality \| 2019-05-30  \| World Grain](https://feedsoft.ai/events/58938-u-s-planting-delays-could-hurt-yields-quality-2019-05-30-world-grain.md) | -0.9% | +6.0% |
| CORN | 2019-04-29 | [U.S. grains: Corn firms as rains stall planting - AgCanada](https://feedsoft.ai/events/10955-u-s-grains-corn-firms-as-rains-stall-planting-agcanada.md) | +0.1% | +6.9% |
| SOY | 2019-04-29 | [U.S. grains: Corn firms as rains stall planting - AgCanada](https://feedsoft.ai/events/10955-u-s-grains-corn-firms-as-rains-stall-planting-agcanada.md) | -2.8% | -2.8% |
| SOY | 2019-05-17 | [Column: Corn prices jump as soggy fields delay planting \| Business \| journalgazette.net](https://feedsoft.ai/events/12130-column-corn-prices-jump-as-soggy-fields-delay-planting-business-journalgazette.md) | -2.2% | +6.8% |
| SOY | 2025-04-29 | [U.S. grains: Chicago grains, soy futures drop as U.S. planting pace accelerates - Grainews](https://feedsoft.ai/events/11121-u-s-grains-chicago-grains-soy-futures-drop-as-u-s-planting-pace-accelerates.md) | -1.3% | +1.0% |

## Sources

- home.saxo: https://www.home.saxo/content/articles/commodities/grains-jump-on-planting-delays-short-covering-15052019

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