# Volatile markets: Big opportunities, big frustrations

> Corn futures fell further after a limit-lower start to the week, with the December contract closing at $5.17 and down 62 3/4 cents for the week. The move followed a USDA Planted Acreage report that had briefly lifted corn 40 cents before prices sold off. The author notes corn would need the USDA trend yield of 179.5 to keep 2021/22 carryout at 1.5 billion bushels or more.

- Date: 2021-07-09 · published 2021-07-09T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/10343-volatile-markets-big-opportunities-big-frustrations
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Large acreage and expected supply growth shift the balance toward a bigger carryout, which weighs on new-crop corn prices unless yields disappoint. Price direction depends on summer weather and yield prospects.

## Read by commodity

- CORN: bearish ▼

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/volatile-markets-big-opportunities-big-frustrations

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