# ABN Amro expects higher raw material prices - Inside Grains & Raw Material | Boerenbusiness. Nl

> ABN Amro expects wheat and corn prices to rise in 2019 while soybean prices face pressure from large Brazilian and US harvests. The bank cites Chinese soybean purchases from the US, strong animal feed demand, and currency and trade-war effects.

- Date: 2019-01-17 · published 2019-01-17T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/7652-abn-amro-expects-higher-raw-material-prices-inside-grains-and-raw-material
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Forecasts of tighter global corn and wheat supplies point to higher feed grain costs, while ample soybean supply should limit soy price gains. Currency moves such as the Brazilian real will also affect export competitiveness.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲
- WHEAT: bullish ▲

## Sources

- en.boerenbusiness.nl: https://en.boerenbusiness.nl/granen-grondstof/artikel/10881058/abn-amro-verwacht-hogere-grondstofprijzen

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