# The low price cycle pedals on - Grain Central

> Nidera Australia comments that global grain supplies keep growing as South American harvests ramp up. The latest USDA WASDE raised Brazilian corn to 93.5Mt and soybeans to 111Mt, and Argentine flooding threatens up to one million hectares of crops.

- Date: 2017-04-18 · published 2017-04-18T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/71474-the-low-price-cycle-pedals-on-grain-central
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Rising Brazilian and Argentine output keeps global corn and soybean supplies heavy, pressuring feed prices, while Argentine waterlogging is a modest upside risk.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-08-15 | [The bears are back in town… - Grain Central](https://feedsoft.ai/events/69417-the-bears-are-back-in-town-grain-central.md) | -3.4% | -5.0% |
| CORN | 2018-08-28 | [Sell the rumour, buy the fact - Grain Central](https://feedsoft.ai/events/63611-sell-the-rumour-buy-the-fact-grain-central.md) | +0.8% | +2.6% |
| CORN | 2021-02-16 | [The USDA tried, but it still missed the mark on China - Grain Central](https://feedsoft.ai/events/48593-the-usda-tried-but-it-still-missed-the-mark-on-china-grain-central.md) | +1.5% | -3.8% |
| CORN | 2025-07-11 | [Grain Markets Tank on Weather, Fade the WASDE: How Low Could Prices Fall? - AgWeb](https://feedsoft.ai/events/11928-grain-markets-tank-on-weather-fade-the-wasde-how-low-could-prices-fall-agweb.md) | -0.7% | -1.5% |
| CORN | 2017-03-07 | [What does ABARES' crystal ball see ahead for grain prices? - Grain Central](https://feedsoft.ai/events/71944-what-does-abares-crystal-ball-see-ahead-for-grain-prices-grain-central.md) | -2.2% | -0.2% |
| SOY | 2017-08-15 | [The bears are back in town… - Grain Central](https://feedsoft.ai/events/69417-the-bears-are-back-in-town-grain-central.md) | +0.8% | +2.0% |
| SOY | 2018-08-28 | [Sell the rumour, buy the fact - Grain Central](https://feedsoft.ai/events/63611-sell-the-rumour-buy-the-fact-grain-central.md) | -0.3% | +1.3% |
| SOY | 2025-07-11 | [Grain Markets Tank on Weather, Fade the WASDE: How Low Could Prices Fall? - AgWeb](https://feedsoft.ai/events/11928-grain-markets-tank-on-weather-fade-the-wasde-how-low-could-prices-fall-agweb.md) | +0.9% | -4.0% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/the-low-price-cycle-pedals-on/

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