# Corn, soy costs ‘as good as it gets,’ but for how long? | WATTAgNet | WATTPoultry.com

> Poultry industry economist Paul Aho told the IPPE forum that corn and soybean costs are at cyclical lows and likely to rise. He cited strong economic conditions, commodity strength and possible Chinese ethanol demand growth under an E-10 plan by 2020.

- Date: 2018-03-01 · published 2018-03-01T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/66155-corn-soy-costs-as-good-as-it-gets-but-for-how-long-wattagnet-wattpoultry-com
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Aho's view that the grain cycle is near its bottom points to higher feed costs ahead for buyers. Hedging programs may be worth reviewing.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-02-20 | [4 keys to U.S. poultry industry profitability in 2017 \| WATTAgNet \| WATTPoultry.com](https://feedsoft.ai/events/72651-4-keys-to-u-s-poultry-industry-profitability-in-2017-wattagnet-wattpoultry-com.md) | +0.3% | +0.9% |
| CORN | 2019-02-27 | [US Corn Is King Now, but Production Costs Threaten Its Reign](https://feedsoft.ai/events/60638-us-corn-is-king-now-but-production-costs-threaten-its-reign.md) | -0.7% | +1.2% |
| CORN | 2020-11-05 | [What’s fueling China’s thirst for U.S. corn and soybeans?](https://feedsoft.ai/events/50020-what-s-fueling-china-s-thirst-for-u-s-corn-and-soybeans.md) | +0.3% | +8.7% |
| CORN | 2024-08-02 | [Dollar hits four-month low as weak US jobs data boosts rate cut bets](https://feedsoft.ai/events/9285-dollar-hits-four-month-low-as-weak-us-jobs-data-boosts-rate-cut-bets.md) | -0.6% | -2.2% |
| CORN | 2023-01-03 | [How Consumers and Businesses are Reacting to Food Price Inflation - Euromonitor.com](https://feedsoft.ai/events/12190-how-consumers-and-businesses-are-reacting-to-food-price-inflation-euromonitor.md) | -2.2% | -1.0% |
| SOY | 2019-02-27 | [US Corn Is King Now, but Production Costs Threaten Its Reign](https://feedsoft.ai/events/60638-us-corn-is-king-now-but-production-costs-threaten-its-reign.md) | -0.3% | -0.3% |
| SOY | 2020-11-05 | [What’s fueling China’s thirst for U.S. corn and soybeans?](https://feedsoft.ai/events/50020-what-s-fueling-china-s-thirst-for-u-s-corn-and-soybeans.md) | +6.0% | +8.3% |
| SOY | 2024-08-02 | [Dollar hits four-month low as weak US jobs data boosts rate cut bets](https://feedsoft.ai/events/9285-dollar-hits-four-month-low-as-weak-us-jobs-data-boosts-rate-cut-bets.md) | -1.2% | -4.7% |

## Sources

- wattagnet.com: https://www.wattagnet.com/home/article/15524437/corn-soy-costs-as-good-as-it-gets-but-for-how-long-wattagnet

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