# Corn Prices: Where Good News is Bad News

> Favorable July weather supported the US corn crop, and USDA raised 2024-25 corn planted acres by 1.5 million while holding yield at 181 bushels per acre. Corn stocks on farms are near 3 billion bushels, the largest since the 1980s, and farmers are expected to sell stored corn ahead of harvest.

- Date: 2024-07-31 · published 2024-07-31T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/29301-corn-prices-where-good-news-is-bad-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Large farm-stored supplies and expanded acreage point to ample corn availability and lower prices, with China's slowing demand and Brazilian competition limiting export outlets.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-06-15 | [A bad combination for grain prices - Brownfield Ag News](https://feedsoft.ai/events/64552-a-bad-combination-for-grain-prices-brownfield-ag-news.md) | -1.3% | -6.2% |
| CORN | 2016-08-24 | [Soybeans, corn down on generally good crop weather - Brownfield Ag News](https://feedsoft.ai/events/10614-soybeans-corn-down-on-generally-good-crop-weather-brownfield-ag-news.md) | -7.1% | -0.8% |
| CORN | 2019-03-28 | [Good weather boosts Brazil's second corn crop - DatamarNews](https://feedsoft.ai/events/59925-good-weather-boosts-brazil-s-second-corn-crop-datamarnews.md) | -2.6% | -4.6% |
| CORN | 2022-08-16 | [Soybeans, corn see more weather pressure - Brownfield Ag News](https://feedsoft.ai/events/6531-soybeans-corn-see-more-weather-pressure-brownfield-ag-news.md) | -3.7% | +2.5% |
| CORN | 2022-06-23 | [Corn, Soybeans and Wheat Prices Plummet Thursday, Weather is Only Part of the Reason Why - AgWeb](https://feedsoft.ai/events/12698-corn-soybeans-and-wheat-prices-plummet-thursday-weather-is-only-part-of-the.md) | +1.6% | -10.7% |

## Sources

- barchart.com: https://www.barchart.com/story/news/27734139/corn-prices-where-good-news-is-bad-news

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