# Grains Market Overview 05.02.2021

> On February 4, 2021, CBOT March SRW wheat and corn futures dropped significantly. Chicago March soybean futures showed a slight gain, while Paris wheat was volatile and corn and rapeseed rose.

- Date: 2021-02-05 · published 2021-02-05T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/9447-grains-market-overview-05-02-2021
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Broad declines in US wheat and corn reflect routine trading pressure with no new supply or demand shock. Mixed European moves show limited direction across the complex.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WHEAT | 2021-02-05 | 5 | -6.7% | -3.6 | CBOT March SRW wheat dropped significantly on Feb 4, contributing directly to the five-day decline. |

## Sources

- grainsprices.com: https://grainsprices.com/article/16005

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