# Pay attention to the raw materials market forecasts for October | rumiNews

> A Spanish commodity analyst outlines October raw materials forecasts, noting that harvest volumes for winter cereals, corn and soybeans are confirmed. The wheat-corn price spread is wide and expected to narrow, and US-China trade war flows are affecting nutrient availability. In Spain, soybean meal is displacing alternative proteins.

- Date: 2018-10-01 · published 2018-10-01T12:00:00.000Z
- Category: trade · region Spain · magnitude low
- Page: https://feedsoft.ai/events/62649-pay-attention-to-the-raw-materials-market-forecasts-for-october-ruminews
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Wide wheat-corn spreads and soymeal substitution shape feed formulation choices, and trade-war flows are reshaping competitive protein supply.

## Read by commodity

- SBM: bullish ▲
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-11-11 | [Market looks past midterms to USDA estimates - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/61988-market-looks-past-midterms-to-usda-estimates-agweek-1-source-for-agriculture.md) | -0.2% | +0.8% |
| WHEAT | 2018-09-27 | [Watch the grain markets this fall - Grainews](https://feedsoft.ai/events/63075-watch-the-grain-markets-this-fall-grainews.md) | +2.4% | +8.1% |
| WHEAT | 2019-02-01 | [How Russia and Ukraine took over the wheat market](https://feedsoft.ai/events/60647-how-russia-and-ukraine-took-over-the-wheat-market.md) | -1.2% | -6.2% |
| WHEAT | 2019-01-03 | [Farmers thankful for payments, but prefer market access - Farm and Dairy](https://feedsoft.ai/events/61083-farmers-thankful-for-payments-but-prefer-market-access-farm-and-dairy.md) | +1.2% | +3.7% |
| WHEAT | 2019-12-09 | [Conditions and prospects of the Russian grain market, competition with the EU and Ukraine – A.Korbut](https://feedsoft.ai/events/55440-conditions-and-prospects-of-the-russian-grain-market-competition-with-the-eu.md) | -3.5% | -0.6% |
| CORN | 2018-11-11 | [Market looks past midterms to USDA estimates - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/61988-market-looks-past-midterms-to-usda-estimates-agweek-1-source-for-agriculture.md) | -6.7% | +0.1% |
| CORN | 2019-01-03 | [Farmers thankful for payments, but prefer market access - Farm and Dairy](https://feedsoft.ai/events/61083-farmers-thankful-for-payments-but-prefer-market-access-farm-and-dairy.md) | +1.6% | +2.3% |
| CORN | 2020-09-02 | [Chinese market reopened for Argentine sorghum](https://feedsoft.ai/events/51169-chinese-market-reopened-for-argentine-sorghum.md) | +0.4% | +5.4% |

## Sources

- ruminews.com: https://ruminews.com/en/pay-attention-to-the-raw-materials-market-forecasts-for-october

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