# The grain market has one hungry bull

> Terrain analyst Matt Roberts expects feed grain prices to stay sideways to lower through at least March 2024 due to large 2023 supplies and modest demand. Cattle and hog herds are not growing, so feed demand offers no lift. Ethanol production is solid, and exports are tracking the USDA forecast of 2.2 billion bushels.

- Date: 2024-02-29 · published 2024-02-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31757-the-grain-market-has-one-hungry-bull
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Outlook for ample corn supply and no feed demand boost points to continued weakness in corn prices for feed buyers, with planting-season weather the main upside risk.

## Read by commodity

- CORN: bearish ▼
- DDGS: bearish ▼

## Sources

- hoards.com: https://hoards.com/article-34788-the-grain-market-has-one-hungry-bull.html

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