# Steep US corn price rise drove wheat prices up — Latifundist.com

> US corn stocks on September 1 fell sharply from 62.1 to 53.6 million tonnes, triggering a corn price spike. The rally lifted US wheat futures, with December SRW up about $1.10/t in Chicago while HRW and HRS fell.

- Date: 2019-10-03 · published 2019-10-03T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/5900-steep-us-corn-price-rise-drove-wheat-prices-up-latifundist-com
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A much tighter-than-expected corn carry-in supports feed grain prices and spills over into wheat as a feed substitute, raising feed costs for buyers.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-02-08 | [USDA Lowers Corn Stocks, Prices Rise](https://feedsoft.ai/events/10009-usda-lowers-corn-stocks-prices-rise.md) | +0.2% | +2.3% |
| CORN | 2021-04-05 | [DDGS prices rise after corn futures limit up  : The Daily Digest](https://feedsoft.ai/events/47719-ddgs-prices-rise-after-corn-futures-limit-up-the-daily-digest.md) | +0.4% | +22.0% |
| CORN | 2026-04-10 | [USDA Raises Wheat, Corn and Soy Price Estimates - Farm Policy News](https://feedsoft.ai/events/19746-usda-raises-wheat-corn-and-soy-price-estimates-farm-policy-news.md) | +1.0% | +2.2% |
| CORN | 2020-02-07 | [Rise in US Corn Acres Could Boost Domestic Wholesale Ammonia, Urea Prices](https://feedsoft.ai/events/6015-rise-in-us-corn-acres-could-boost-domestic-wholesale-ammonia-urea-prices.md) | -0.7% | +0.6% |
| CORN | 2020-07-06 | [USDA Surprises Drive Corn Prices Higher - farmdoc daily](https://feedsoft.ai/events/52152-usda-surprises-drive-corn-prices-higher-farmdoc-daily.md) | -0.8% | -5.0% |
| WHEAT | 2024-09-13 | [WASDE Report Spurs Wheat & Corn Price Rally, Soybeans Lag \| tastylive](https://feedsoft.ai/events/28257-wasde-report-spurs-wheat-and-corn-price-rally-soybeans-lag-tastylive.md) | -2.1% | +4.4% |
| WHEAT | 2020-12-16 | [Global wheat prices rises despite record stocks \| Miller Magazine](https://feedsoft.ai/events/49698-global-wheat-prices-rises-despite-record-stocks-miller-magazine.md) | +0.7% | +6.9% |
| WHEAT | 2019-09-10 | [Lower U.S. crop condition rating lifts corn, soy and wheat also rise \| Financial Post](https://feedsoft.ai/events/9146-lower-u-s-crop-condition-rating-lifts-corn-soy-and-wheat-also-rise-financial.md) | +2.6% | +1.0% |

## Sources

- latifundist.com: https://latifundist.com/en/novosti/46521-rezkoe-povyshenie-tsen-na-kukuruzu-v-ssha-privelo-k-podorozhaniyu-pshenitsy

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