# Morning Market Review for May 14, 2021 - Morrow County Grain Growers

> Corn rose on May 14, 2021, after USDA cut its 2020/21 Brazilian corn estimate in the May WASDE. Persistent drought in southern Brazil after delayed planting is expected to limit yields on about 40% of affected acres. USDA also reported new-crop export sales of 82.1 million bushels, a weekly high.

- Date: 2021-05-14 · published 2021-05-14T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/12362-morning-market-review-for-may-14-2021-morrow-county-grain-growers
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Brazilian production losses tighten global corn supply and support export demand for US corn. This adds upward pressure on corn prices.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-05-07 | [Morning Market Review for May 7, 2019 - HighLine Grain Growers, Inc](https://feedsoft.ai/events/7492-morning-market-review-for-may-7-2019-highline-grain-growers-inc.md) | -1.5% | +10.7% |
| CORN | 2019-05-24 | [Grain market week in review - May 24, 2019](https://feedsoft.ai/events/10897-grain-market-week-in-review-may-24-2019.md) | +7.1% | +10.0% |
| CORN | 2019-05-22 | [Afternoon Market Recap for May 24, 2019 - HighLine Grain Growers, Inc](https://feedsoft.ai/events/5437-afternoon-market-recap-for-may-24-2019-highline-grain-growers-inc.md) | +4.0% | +9.2% |
| CORN | 2019-03-15 | [Grain market week in review - March 15, 2019](https://feedsoft.ai/events/6538-grain-market-week-in-review-march-15-2019.md) | +4.2% | -1.8% |
| CORN | 2025-02-25 | [Grain market review: Coarse grains \| World Grain](https://feedsoft.ai/events/26079-grain-market-review-coarse-grains-world-grain.md) | -5.8% | +0.2% |

## Sources

- mcgg.net: https://mcgg.net/story-morning-market-review-may-14-2021-22-214102

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