# Agri Marketing Update

> Grain and oilseed futures closed stronger, with corn lifted by strong cash markets from Midwest harvest delays and near-record ethanol production. Soybeans gained on corn's support but were limited by strong Brazil crop prospects. Lean hog futures rallied on month-end positioning and reduced hog production.

- Date: 2021-11-01 · published 2021-11-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7315-agri-marketing-update
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Harvest delays and strong ethanol margins support nearby corn, while Brazil's early crop start caps soybean gains. Lower hog supply supports hog prices.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲
- DDGS: bullish ▲
- HOGS: bullish ▲
- WHEAT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2021-11-01 | 1 | +4.8% | 4.3 | Attributes the Nov. 1 corn rally to strong cash markets from Midwest harvest delays and near-record ethanol grind, which tightened nearby supply and lifted demand. |

## Sources

- agrimarketing.com: https://www.agrimarketing.com/newsletter/index.php?archived=2021-11-01

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