# The Grains Rally Finally Relents | CZ app

> The December WASDE was viewed as neutral for corn, with global 2021/22 corn stocks raised 1.1 million tonnes, and negative for wheat, which fell in Chicago and Matif after global ending stocks rose 3 million tonnes. The analysis also flagged concern about fertilizer supply and a US request asking Germany to delay Nord Stream 2 permits.

- Date: 2021-12-16 · published 2021-12-16T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/8016-the-grains-rally-finally-relents-cz-app
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

A larger wheat carryout weighs on wheat prices, while fertilizer supply risk could raise input costs and cut yields in later crops. Feed buyers face a balance of softer grain values and higher future input costs.

## Read by commodity

- CORN: neutral
- UREA: bullish ▲
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-08-28 | [Sell the rumour, buy the fact - Grain Central](https://feedsoft.ai/events/63611-sell-the-rumour-buy-the-fact-grain-central.md) | +6.2% | -0.7% |
| WHEAT | 2017-02-14 | [Winter crop crosses the finish line on a record high - Grain Central](https://feedsoft.ai/events/72460-winter-crop-crosses-the-finish-line-on-a-record-high-grain-central.md) | -0.8% | -1.2% |
| WHEAT | 2017-08-15 | [The bears are back in town… - Grain Central](https://feedsoft.ai/events/69417-the-bears-are-back-in-town-grain-central.md) | -4.4% | +1.1% |
| WHEAT | 2025-12-15 | [Australia’s Grain Sector Finishes the Year Strong \| Cargill Australia](https://feedsoft.ai/events/21473-australia-s-grain-sector-finishes-the-year-strong-cargill-australia.md) | -0.3% | +0.4% |
| WHEAT | 2024-07-12 | [Grains End the Day Mixed \| Friday, July 12, 2024](https://feedsoft.ai/events/5654-grains-end-the-day-mixed-friday-july-12-2024.md) | -3.9% | -2.9% |
| CORN | 2022-05-23 | [Grains Weekly Analysis](https://feedsoft.ai/events/14936-grains-weekly-analysis.md) | +0.0% | -1.2% |
| CORN | 2022-01-18 | [La Niña and Fertilizer Crisis Still Concerning for Grains \| CZ app](https://feedsoft.ai/events/43038-la-nina-and-fertilizer-crisis-still-concerning-for-grains-cz-app.md) | +2.5% | +9.1% |
| CORN | 2026-06-30 | [Grain futures rally as USDA acreage report delivers mixed signals](https://feedsoft.ai/events/18830-grain-futures-rally-as-usda-acreage-report-delivers-mixed-signals.md) | +5.7% | +8.7% |

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/the-grains-rally-finally-relents/

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