# Market Perspectives – May 13, 2021 - Page 7 of 10 - U.S. Grains & BioProducts Council

> Low Parana River water levels are delaying or relocating some Argentine corn exports to Atlantic ports. Brazil's safrinha corn estimates were cut, with AgRural at 69.6 MMT and CONAB at 79.7 MMT, and Parana's good-condition share fell to 25 percent. Canadian barley and oat stocks were also reported lower year on year.

- Date: 2021-05-13 · published 2021-05-13T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/7462-market-perspectives-may-13-2021-page-7-of-10-u-s-grains-and-bioproducts-council
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Smaller Brazilian safrinha output and river-logistics delays for Argentine corn tighten export supply, supporting corn and feed grain prices. Lower Canadian barley and oat stocks add further support to feed grain values.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲
- OATS: bullish ▲
- BARGE: bullish ▲
- BARLEY: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-06-03 | [Market Perspectives – June 3, 2021 - Page 7 of 10 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/46407-market-perspectives-june-3-2021-page-7-of-10-u-s-grains-and-bioproducts-council.md) | +4.4% | +4.7% |
| CORN | 2018-05-17 | [Market Perspectives - May 17, 2018 - Page 7 of 11 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/8711-market-perspectives-may-17-2018-page-7-of-11-u-s-grains-and-bioproducts-council.md) | +1.3% | -4.2% |
| CORN | 2022-01-27 | [Market Perspectives – January 27, 2022 - Page 7 of 10 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/14967-market-perspectives-january-27-2022-page-7-of-10-u-s-grains-and-bioproducts.md) | +1.7% | +10.2% |
| CORN | 2020-01-09 | [Market Perspectives – January 9, 2020 - Page 7 of 10 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/55185-market-perspectives-january-9-2020-page-7-of-10-u-s-grains-and-bioproducts.md) | +0.7% | -0.7% |
| CORN | 2020-11-05 | [Market Perspectives – November 5, 2020 - Page 7 of 10 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/50216-market-perspectives-november-5-2020-page-7-of-10-u-s-grains-and-bioproducts.md) | +0.3% | +8.7% |

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-may-13-2021/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-may-13-2021/7/
- grains.org: https://grains.org/market_perspectives/market-perspectives-may-13-2021/9/

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