# A tale of two markets for corn – old vs. new crop

> Corn sales cancellations from China and reported difficulty sourcing enough U.S. corn for barge loadings are weighing on old-crop sales commitments. Brazil's bumper crop is flooding export markets with cheaper corn, while new-crop supply concerns persist.

- Date: 2023-05-25 · published 2023-05-25T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/35975-a-tale-of-two-markets-for-corn-old-vs-new-crop
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Cheaper Brazilian corn competing for export business and cancelled U.S. commitments pressure near-term U.S. corn prices. Tight old-crop stocks limit the downside for nearby contracts.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-06-18 | [Weekly Analysis: New-Crop Corn, Soybeans and SRW Wheat Markets](https://feedsoft.ai/events/10577-weekly-analysis-new-crop-corn-soybeans-and-srw-wheat-markets.md) | -0.9% | -3.9% |
| CORN | 2019-05-09 | [Foreign Exchange Markets Anxious Ahead Of Trade Talks](https://feedsoft.ai/events/10433-foreign-exchange-markets-anxious-ahead-of-trade-talks.md) | +2.3% | +9.3% |
| CORN | 2024-06-13 | [Falling demand for wheat and corn in China could crash global markets](https://feedsoft.ai/events/14743-falling-demand-for-wheat-and-corn-in-china-could-crash-global-markets.md) | -2.1% | -8.8% |
| CORN | 2019-11-21 | [CEPM Corn Market n°195 \| Maiz'Europ'](https://feedsoft.ai/events/56097-cepm-corn-market-n-195-maiz-europ.md) | -0.5% | +2.1% |
| CORN | 2024-03-25 | [Trump tariffs create risks for US ag exports \| Latest Market News](https://feedsoft.ai/events/14770-trump-tariffs-create-risks-for-us-ag-exports-latest-market-news.md) | -4.9% | -6.9% |

## Sources

- agupdate.com: https://agupdate.com/farmandranchguide/markets/crop/a-tale-of-two-markets-for-corn-old-vs-new-crop/article_2639ec42-f9f1-11ed-9908-8f84a9233751.html

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