# Falling corn prices heap pressure on farmers

> Chicago corn has fallen to a three-year low, trading below $4.50 a bushel after US and Brazilian supplies surged while demand stayed sluggish. Hedge funds have been raising bets on further price declines, and farmers who expected high prices face pressure.

- Date: 2023-12-01 · published 2023-12-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/32722-falling-corn-prices-heap-pressure-on-farmers
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Ample supply and weak feed and ethanol demand point to lower corn prices, which cuts feed costs for livestock and dairy producers.

## Read by commodity

- CORN: bearish ▼

## Sources

- ft.com: https://www.ft.com/content/29b0fefa-4629-4dd2-8b04-2be4202b3df8?syn-25a6b1a6=1

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