# GRAINS-Corn bounces from sharp sell-off; wheat, soybeans rise too

> U.S. corn, soybean and wheat futures rose on April 1 after a sharp Friday sell-off that followed a USDA report showing large stocks of all three in storage. Corn gained about 1.8% on rain-related planting concerns, and soybeans were supported by a reported 828,000-tonne sale to China.

- Date: 2019-04-01 · published 2019-04-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/59628-grains-corn-bounces-from-sharp-sell-off-wheat-soybeans-rise-too
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Planting delays from wet weather tighten the outlook for new-crop supply, while China purchase reports support soybean demand expectations. Prices are rebounding from a bearish stocks-driven drop.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Sources

- cnbc.com: https://www.cnbc.com/2019/04/01/reuters-america-grains-corn-bounces-from-sharp-sell-off-wheat-soybeans-rise-too.html

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