# Climateer Investing: After Incredible Spike, Grain Futures Plummet

> Grain futures dropped sharply on Friday after a rally driven by fund buying reversed, with wheat and corn falling from multi-month highs and soybeans also lower. Traders attributed the selloff to fund liquidation rather than new fundamental news.

- Date: 2016-04-23 · published 2016-04-23T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/8407-climateer-investing-after-incredible-spike-grain-futures-plummet
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Fund liquidation pushes grain prices down quickly, and the drop cuts the cost of corn and wheat for feed buyers while the price swing adds volatility.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- climateerinvest.blogspot.com: http://climateerinvest.blogspot.com/2016/04/after-incredible-spike-grain-futures.html

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