# Market Perspectives – December 17, 2020 - U.S. Grains & BioProducts Council

> CBOT March corn futures rose 9 cents (2.1%) in the week, with firming spillover from a soyoil/soybean rally. Weekly Export Sales showed 1.924 MMT of net corn sales, up 41% week over week, and YTD exports are up 59%.

- Date: 2020-12-17 · published 2020-12-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10126-market-perspectives-december-17-2020-u-s-grains-and-bioproducts-council
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Strong export demand and farmer selling limits (about 70% of the crop sold) tighten nearby supply, supporting corn prices and cash basis.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-december-17-2020/

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