# Market Perspectives - July 11, 2024 - U.S. Grains & BioProducts Council

> The U.S. Grains Council market perspectives report said Midwest corn conditions are relatively good ahead of pollination, with Hurricane Beryl remnants bringing 4 to 5 inches of rain to the eastern Corn Belt. Stocks-to-use models imply a 183 bpa corn yield, while a University of Illinois model projects 179.7 bpa, and USDA is expected to use 181 bpa in the July WASDE.

- Date: 2024-07-11 · published 2024-07-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/13172-market-perspectives-july-11-2024-u-s-grains-and-bioproducts-council
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Good crop conditions and expected yields near trend point to adequate corn supply, which is bearish for feed corn and DDGS prices.

## Read by commodity

- CORN: bearish ▼
- DDGS: bearish ▼

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-july-11-2024/
- grains.org: https://grains.org/market_perspectives/market-perspectives-july-11-2024/5/

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