# LIVESTOCK MARKETS: Commodity bubble to start inflating

> Poultry Perspectives' Paul Aho, speaking at the International Production & Processing Expo, said commodity prices have likely bottomed and corn prices are near a low. He expects a 2-3% rise in interest rates soon and predicted millions of acres will shift from corn to soybeans this year.

- Date: 2017-02-03 · published 2017-02-03T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/72614-livestock-markets-commodity-bubble-to-start-inflating
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Expected acreage shifts from corn to soybeans and a possible corn price rise would affect feed cost assumptions for buyers. These are forecasts from one analyst, so the price signal is moderate.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲
- CHICKEN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-04-30 | [Inflationary Signs Are Everywhere In The Commodities Market \| Investing.com](https://feedsoft.ai/events/47516-inflationary-signs-are-everywhere-in-the-commodities-market-investing-com.md) | +5.0% | -2.1% |
| CORN | 2020-10-22 | [Goldman Sachs: Commodities bull market ahead on dollar, inflation risk](https://feedsoft.ai/events/50555-goldman-sachs-commodities-bull-market-ahead-on-dollar-inflation-risk.md) | +1.6% | +11.5% |
| CORN | 2021-04-30 | [Inflation-tolerant Fed will boost commodity prices \| Reuters](https://feedsoft.ai/events/47512-inflation-tolerant-fed-will-boost-commodity-prices-reuters.md) | +5.0% | -2.1% |
| CORN | 2020-01-27 | [Due to oil prices on the world market, the prices of all commodities are rising – Lider Media](https://feedsoft.ai/events/55169-due-to-oil-prices-on-the-world-market-the-prices-of-all-commodities-are-rising.md) | -1.2% | -1.8% |
| CORN | 2021-05-05 | [Where Ag Fits in Commodity 'Supercycle'](https://feedsoft.ai/events/7727-where-ag-fits-in-commodity-supercycle.md) | +1.4% | -4.0% |
| SOY | 2021-07-23 | [August Fed Tightening Announcement May Not Be Bearish For Commodities \| Investing.com Canada](https://feedsoft.ai/events/45974-august-fed-tightening-announcement-may-not-be-bearish-for-commodities-investing.md) | +1.3% | -6.6% |
| SOY | 2018-05-14 | [Inflation forces building](https://feedsoft.ai/events/10235-inflation-forces-building.md) | +0.4% | -4.1% |
| SOY | 2017-03-07 | [The correlation between USD and commodities is now gone: Citi](https://feedsoft.ai/events/71920-the-correlation-between-usd-and-commodities-is-now-gone-citi.md) | -3.0% | -8.6% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/market-news/livestock-markets-commodity-bubble-to-start-inflating

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