# Global production uncertainties support corn market - Brownfield Ag News

> Consus Ag Consulting analyst Angie Setzer says global corn production in 2024 is uncertain, with Brazil's safrinha crop, Argentina's crop planted in December, and the US crop all still at risk. Brazilian crop estimates show a wide range due to weather challenges. She expects a floor under prices despite burdensome supplies.

- Date: 2024-02-01 · published 2024-02-01T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/31699-global-production-uncertainties-support-corn-market-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Weather uncertainty in South America and the US supports corn prices and could reverse the current slide if yields disappoint. Buyers should consider forward coverage given the risk of a rebound.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-08-18 | [Brazil crop concerns could provide support for U.S. Corn - Brownfield Ag News](https://feedsoft.ai/events/13424-brazil-crop-concerns-could-provide-support-for-u-s-corn-brownfield-ag-news.md) | +3.7% | +7.7% |
| CORN | 2022-01-12 | ['21 production not a surprise, but analyst says market response was - Brownfield Ag News](https://feedsoft.ai/events/13396-21-production-not-a-surprise-but-analyst-says-market-response-was-brownfield-ag.md) | -2.6% | +3.6% |
| CORN | 2017-05-01 | [Weather woes support corn, soybeans, wheat - Brownfield Ag News](https://feedsoft.ai/events/10482-weather-woes-support-corn-soybeans-wheat-brownfield-ag-news.md) | +1.1% | +4.2% |
| CORN | 2018-03-01 | [Weather provides more support in corn, soybeans, and wheat - Brownfield Ag News](https://feedsoft.ai/events/66079-weather-provides-more-support-in-corn-soybeans-and-wheat-brownfield-ag-news.md) | +0.8% | +1.3% |
| CORN | 2017-07-27 | [Weather forecasts support soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/7126-weather-forecasts-support-soybeans-corn-brownfield-ag-news.md) | -1.3% | -7.0% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/global-production-uncertainties-support-corn-market/

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