# Chart Analysis: US Cash Grain Prices

> DTN's national cash corn index reversed sharply higher in May, reaching about $4.00 a bushel, near a four-year high, as planting concerns persisted. The soybean index gained 48 cents to $7.96 as the rally caught bearish speculators short.

- Date: 2019-06-03 · published 2019-06-03T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/8681-chart-analysis-us-cash-grain-prices
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Delayed planting raises the risk of smaller corn and soybean crops, supporting feed grain prices. Soybean upside is limited by near-1-billion-bushel ending stocks and stalled China talks.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-01-13 | [Grains Weekly Analysis](https://feedsoft.ai/events/49003-grains-weekly-analysis.md) | +2.0% | +7.5% |
| CORN | 2019-05-29 | [How high can grain prices grow \| Saxo](https://feedsoft.ai/events/10898-how-high-can-grain-prices-grow-saxo.md) | +0.4% | +6.4% |
| CORN | 2019-05-24 | [US corn belt storms set to hike maize prices \| Analysis & Features \| The Grocer](https://feedsoft.ai/events/59123-us-corn-belt-storms-set-to-hike-maize-prices-analysis-and-features-the-grocer.md) | +7.1% | +10.0% |
| CORN | 2017-06-15 | [Feed grain update: Prices rally in June - Grain Central](https://feedsoft.ai/events/70605-feed-grain-update-prices-rally-in-june-grain-central.md) | -1.8% | -3.2% |
| CORN | 2020-12-08 | [ANALYSIS: Ukraine's terminals compete as grain exports fall short - Fastmarkets](https://feedsoft.ai/events/49506-analysis-ukraine-s-terminals-compete-as-grain-exports-fall-short-fastmarkets.md) | +0.1% | +9.5% |
| SOY | 2021-01-13 | [Grains Weekly Analysis](https://feedsoft.ai/events/49003-grains-weekly-analysis.md) | -3.7% | -4.8% |
| SOY | 2019-05-29 | [How high can grain prices grow \| Saxo](https://feedsoft.ai/events/10898-how-high-can-grain-prices-grow-saxo.md) | +3.0% | +5.5% |
| SOY | 2017-07-11 | [ABN Amro: Grain prices higher due to US drought • De Molenaar](https://feedsoft.ai/events/70017-abn-amro-grain-prices-higher-due-to-us-drought-de-molenaar.md) | -3.5% | -5.9% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2019/06/03/chart-analysis-us-cash-grain-prices

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