# Futures File: Grains spike with demand

> Corn, wheat and soybean futures rose during the week after a USDA report projected tighter stockpiles for all three, driven mainly by rising demand. Copper also hit a near two-year high after a labor strike at Chile's Escondida mine.

- Date: 2017-02-10 · published 2017-02-10T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/72527-futures-file-grains-spike-with-demand
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Tighter projected stocks support grain prices and improve break-even levels for US farmers who want to lock in prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Sources

- desmoinesregister.com: https://www.desmoinesregister.com/story/money/business/2017/02/10/futures-file-grains-spike-demand/97747078/

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