# Anatomy of a grain market rally

> A Farm Futures retrospective traces how corn and soybean prices climbed from the lows of May 2020, when corn struggled above $3 and soybeans above $8, to about $6 corn and $14.50 soybeans. The rally followed a shift from forecast surpluses to tighter supplies and heavy speculative buying.

- Date: 2021-04-20 · published 2021-04-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6620-anatomy-of-a-grain-market-rally
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The surplus-to-shortage shift explains why feed grain and oilseed prices carry a firm bullish trend into spring 2021. Buyers should expect costs to stay elevated unless supplies loosen.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/anatomy-of-a-grain-market-rally

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