# Agri Marketing Update

> A weekly market update reports subdued corn and soybean prices as traders watched weather and planting delays. Wheat led grains higher on US crop concerns, including a blizzard in the western Plains and excessive moisture in the Midwest, while live cattle reached a 13-month high on stronger cash trade.

- Date: 2017-05-01 · published 2017-05-01T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/7072-agri-marketing-update
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Wet weather delaying planting and damaging wheat crops can tighten wheat supplies and raise feed grain costs, while cattle strength supports demand for feed.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: bullish ▲
- KWHEAT: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-04-16 | [Farming News - Wheat and OSR market update](https://feedsoft.ai/events/9791-farming-news-wheat-and-osr-market-update.md) | +4.9% | +6.1% |
| WHEAT | 2020-08-28 | [Farming News - ADM Wheat & OSR weekly market update](https://feedsoft.ai/events/51661-farming-news-adm-wheat-and-osr-weekly-market-update.md) | -2.6% | +6.6% |
| WHEAT | 2024-10-07 | [Fall Cattle Market Update for Midwest](https://feedsoft.ai/events/28014-fall-cattle-market-update-for-midwest.md) | -5.0% | -6.4% |
| WHEAT | 2019-04-01 | [March 2019 El Niño Update: Think spring](https://feedsoft.ai/events/60008-march-2019-el-nino-update-think-spring.md) | -5.3% | -8.2% |
| WHEAT | 2020-07-20 | [Grain Market Update 21st July - Irish Farmers' Association](https://feedsoft.ai/events/6207-grain-market-update-21st-july-irish-farmers-association.md) | +0.7% | -1.8% |
| KWHEAT | 2024-10-07 | [Fall Cattle Market Update for Midwest](https://feedsoft.ai/events/28014-fall-cattle-market-update-for-midwest.md) | +1.1% | -5.2% |
| KWHEAT | 2020-05-22 | [Agronomy eUpdate May 22nd, 2020 : Issue 800](https://feedsoft.ai/events/53049-agronomy-eupdate-may-22nd-2020-issue-800.md) | +3.5% | -5.8% |
| KWHEAT | 2018-11-04 | [Wheat markets mixed during week - Agriculture News Network](https://feedsoft.ai/events/11215-wheat-markets-mixed-during-week-agriculture-news-network.md) | -3.3% | -4.0% |

## Sources

- agrimarketing.com: https://www.agrimarketing.com/newsletter/index.php?archived=2017-05-01

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