# Market Closes - October 19, 2020 - Kentucky Farm Bureau

> CBOT grains closed higher on October 19, 2020, with December corn up 3 cents, soybeans up 4 cents and December wheat up 2 cents. Wheat reached its highest level since December 2014, and December soybean meal set new contract highs. Crop progress showed corn harvest at 60% complete and soybean harvest at 75%.

- Date: 2020-10-19 · published 2020-10-19T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/8110-market-closes-october-19-2020-kentucky-farm-bureau
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong export demand and dry weather in wheat areas and South America support feed grain and meal prices, raising input costs for feed buyers.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-03-01 | [Market Closes - March 1, 2018 - Kentucky Farm Bureau](https://feedsoft.ai/events/11653-market-closes-march-1-2018-kentucky-farm-bureau.md) | +0.8% | +1.3% |
| CORN | 2022-04-18 | [Market Closes - April 18, 2022 - Kentucky Farm Bureau](https://feedsoft.ai/events/5954-market-closes-april-18-2022-kentucky-farm-bureau.md) | +2.1% | -0.0% |
| CORN | 2022-01-04 | [Market Closes - January 4, 2022 - Kentucky Farm Bureau](https://feedsoft.ai/events/5773-market-closes-january-4-2022-kentucky-farm-bureau.md) | +3.4% | +5.7% |
| CORN | 2017-01-17 | [Market Closes - January 17, 2017 - Kentucky Farm Bureau](https://feedsoft.ai/events/11024-market-closes-january-17-2017-kentucky-farm-bureau.md) | +2.6% | +3.6% |
| CORN | 2018-04-05 | [Market Closes - April 5, 2018 - Kentucky Farm Bureau](https://feedsoft.ai/events/10071-market-closes-april-5-2018-kentucky-farm-bureau.md) | +1.1% | +3.0% |
| SOY | 2018-03-01 | [Market Closes - March 1, 2018 - Kentucky Farm Bureau](https://feedsoft.ai/events/11653-market-closes-march-1-2018-kentucky-farm-bureau.md) | +1.0% | -2.6% |
| SOY | 2022-04-18 | [Market Closes - April 18, 2022 - Kentucky Farm Bureau](https://feedsoft.ai/events/5954-market-closes-april-18-2022-kentucky-farm-bureau.md) | +2.0% | +2.4% |
| SOY | 2017-01-17 | [Market Closes - January 17, 2017 - Kentucky Farm Bureau](https://feedsoft.ai/events/11024-market-closes-january-17-2017-kentucky-farm-bureau.md) | +1.5% | +1.1% |

## Sources

- kyfb.com: https://www.kyfb.com/federation/newsroom/market-closes-october-19-2020/

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