# 'One-two punch' floors grain futures. But coffee, sugar soar - CTRM Center

> Corn, soybean and wheat futures plunged after improved US weather and what Agrimoney called bearish USDA crop data. Cocoa, coffee and sugar futures rose over the same period. The article is a republished news summary.

- Date: 2017-07-13 · published 2017-07-13T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/6479-one-two-punch-floors-grain-futures-but-coffee-sugar-soar-ctrm-center
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Improved weather and bearish USDA data reduce the risk premium in feed grains, which lowers feed costs. The divergence in softs does not directly affect feed grain prices.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- ctrmcenter.com: https://www.ctrmcenter.com/ctrm-community/one-two-punch-floors-grain-futures-but-coffee-sugar-soar/

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