# How soon will corn prices rebound?

> December 2023 corn futures have slid about $1 since late July as the USDA pegged yield at 175.1 bu per acre and export pace lags behind prior years. A projected 2 billion bushel carryout for 2023-24 is also weighing on prices.

- Date: 2023-08-17 · published 2023-08-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34580-how-soon-will-corn-prices-rebound
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

A large expected carryout and slow exports keep corn prices under pressure, lowering feed ingredient costs for buyers. The author notes a historical post-harvest rally tendency, but that is seasonal commentary rather than a new supply shock.

## Read by commodity

- CORN: bearish ▼
- DDGS: bearish ▼

## Sources

- farmprogress.com: https://www.farmprogress.com/commentary/how-soon-will-corn-prices-rebound-

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