# Market Trends Report - February & March 2021 - Grain Farmers of Ontario

> The Grain Farmers of Ontario February-March 2021 report says USDA cut 2020/21 US corn ending stocks by 50 million bushels to 1.502 billion, well below trade expectations, with corn usage raised. USDA also lowered old-crop soybean ending stocks by 20 million bushels to 120 million and raised exports to 2.250 billion bushels.

- Date: 2021-02-16 · published 2021-02-16T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/9249-market-trends-report-february-and-march-2021-grain-farmers-of-ontario
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Tighter US old-crop corn and soybean stocks support nearby prices and reduce feed supply for buyers. The stocks-to-use ratio falling to 10.2% signals limited cushion.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-05-14 | [Market Trends Commentary for May-June 2018 - Grain Farmers of Ontario](https://feedsoft.ai/events/10236-market-trends-commentary-for-may-june-2018-grain-farmers-of-ontario.md) | +1.7% | -1.8% |
| CORN | 2018-06-18 | [Market Trends Commentary for June-July 2018 - Grain Farmers of Ontario](https://feedsoft.ai/events/12355-market-trends-commentary-for-june-july-2018-grain-farmers-of-ontario.md) | -0.9% | -3.9% |
| CORN | 2025-02-27 | [Grain Transportation Report, February 27, 2025](https://feedsoft.ai/events/16473-grain-transportation-report-february-27-2025.md) | -5.3% | -1.0% |
| CORN | 2019-02-21 | [Grain Transportation Report, February 21, 2019](https://feedsoft.ai/events/60482-grain-transportation-report-february-21-2019.md) | -0.3% | +2.0% |
| CORN | 2021-03-04 | [Grain Transportation Report, March 4, 2021](https://feedsoft.ai/events/48010-grain-transportation-report-march-4-2021.md) | +3.9% | +7.2% |
| SOY | 2022-01-17 | [Market Trends Report – January & February 2022 - Grain Farmers of Ontario](https://feedsoft.ai/events/11815-market-trends-report-january-and-february-2022-grain-farmers-of-ontario.md) | +3.4% | +15.7% |
| SOY | 2018-01-15 | [Market trends report for January-February 2018 - Grain Farmers of Ontario](https://feedsoft.ai/events/9199-market-trends-report-for-january-february-2018-grain-farmers-of-ontario.md) | +4.3% | +6.1% |
| SOY | 2018-05-14 | [Market Trends Commentary for May-June 2018 - Grain Farmers of Ontario](https://feedsoft.ai/events/10236-market-trends-commentary-for-may-june-2018-grain-farmers-of-ontario.md) | +0.4% | -4.1% |

## Sources

- gfo.ca: https://gfo.ca/market-trends/market-trends-report-february-march-2021/

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