# U.S. grains: Wheat, soy, corn climb - Grainews

> U.S. wheat futures rose about 1.5 per cent on firm cash markets, and soybeans and corn gained ahead of Trump-Xi trade discussions at the G20 summit in Argentina. Wheat's biggest gains came after thinly traded December contracts surged on the lack of deliveries against them.

- Date: 2018-11-30 · published 2018-11-30T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/9515-u-s-grains-wheat-soy-corn-climb-grainews
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A possible U.S.-China trade deal could lift soybean and corn demand, and firm cash wheat values point to tight nearby supply, while funds' net short positions add upside risk.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2018-12-03 | 5 | +7.9% | 3.3 | Corn and soybeans gained Nov 30 ahead of the Trump-Xi talks, adding to the weekly advance via trade optimism. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-04-23 | [U.S. grains: Export hopes push soy, corn, wheat futures higher - Grainews](https://feedsoft.ai/events/53671-u-s-grains-export-hopes-push-soy-corn-wheat-futures-higher-grainews.md) | -0.4% | +1.4% |
| SOY | 2017-10-19 | [U.S. grains: Soy, wheat, corn firm on export demand - AgCanada](https://feedsoft.ai/events/68544-u-s-grains-soy-wheat-corn-firm-on-export-demand-agcanada.md) | -0.9% | -0.8% |
| SOY | 2018-05-18 | [GRAINS-U.S. wheat futures jump; export hopes boost corn, soybeans](https://feedsoft.ai/events/10914-grains-u-s-wheat-futures-jump-export-hopes-boost-corn-soybeans.md) | +4.1% | -9.0% |
| SOY | 2019-04-04 | [U.S. grains: Trade hopes spur gains in soy futures - Grainews](https://feedsoft.ai/events/59635-u-s-grains-trade-hopes-spur-gains-in-soy-futures-grainews.md) | +0.4% | -7.6% |
| SOY | 2017-09-22 | [U.S. grains: Soy at six-week top on exports, yield uncertainty - Grainews](https://feedsoft.ai/events/68992-u-s-grains-soy-at-six-week-top-on-exports-yield-uncertainty-grainews.md) | -1.2% | +1.6% |
| CORN | 2020-04-23 | [U.S. grains: Export hopes push soy, corn, wheat futures higher - Grainews](https://feedsoft.ai/events/53671-u-s-grains-export-hopes-push-soy-corn-wheat-futures-higher-grainews.md) | -2.4% | -0.3% |
| CORN | 2017-10-19 | [U.S. grains: Soy, wheat, corn firm on export demand - AgCanada](https://feedsoft.ai/events/68544-u-s-grains-soy-wheat-corn-firm-on-export-demand-agcanada.md) | +0.4% | -5.5% |
| CORN | 2018-05-18 | [GRAINS-U.S. wheat futures jump; export hopes boost corn, soybeans](https://feedsoft.ai/events/10914-grains-u-s-wheat-futures-jump-export-hopes-boost-corn-soybeans.md) | +1.3% | -5.6% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-grains-wheat-soy-corn-climb/

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