# Daily Brief: The World’s Commodities Are Suddenly Worth Their Weight In Gold - Finimize

> Commodity prices hit their highest level in almost a decade, with a key index up 70% from March 2020 lows. Soybeans are up about 50%, corn over 40%, and copper and oil around 30% this year, driven by supply disruptions in steel, Chilean copper ports, transport and weather.

- Date: 2021-05-06 · published 2021-05-06T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/7729-daily-brief-the-world-s-commodities-are-suddenly-worth-their-weight-in-gold
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Soybean and corn strength reflects tight supply and strong post-pandemic demand, raising feed costs for buyers; the eurozone growth outlook could add further demand.

## Read by commodity

- SOY: bullish ▲
- WTI: bullish ▲
- CORN: bullish ▲

## Sources

- finimize.com: https://finimize.com/content/daily-brief-the-worlds-commodities-are-suddenly-worth-their-weight-in-gold

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