# Are we heading to sub-$4 corn?

> Weak US export sales are raising concern that corn could fall toward or below $4 per bushel, similar to 2019 levels. The article says sluggish shipments are signaling slowing demand as Brazil's soybean harvest ramps up.

- Date: 2023-03-01 · published 2023-03-01T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/37351-are-we-heading-to-sub-4-corn
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Slowing US export demand and competition from Brazil and Argentina point to downside price pressure for corn and related feed ingredients.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-05-26 | [Are China's Problems Adding to Bearish Pressures in US Corn, Soybeans?](https://feedsoft.ai/events/5568-are-china-s-problems-adding-to-bearish-pressures-in-us-corn-soybeans.md) | -4.9% | +0.1% |
| CORN | 2026-09-29 | [Corn Hits 3-Week Low](https://feedsoft.ai/events/17497-corn-hits-3-week-low.md) | -4.3% | -8.8% |
| CORN | 2019-01-03 | [Strong end to year as Ukraine corn, wheat exports jump -](https://feedsoft.ai/events/60947-strong-end-to-year-as-ukraine-corn-wheat-exports-jump.md) | +1.6% | +2.3% |
| CORN | 2017-06-05 | [Argentine corn exports set to compete hard with Brazil, U.S.](https://feedsoft.ai/events/70519-argentine-corn-exports-set-to-compete-hard-with-brazil-u-s.md) | +2.4% | -0.6% |
| CORN | 2023-01-18 | [U.S. comes closer to losing corn export crown to Brazil](https://feedsoft.ai/events/14871-u-s-comes-closer-to-losing-corn-export-crown-to-brazil.md) | -1.7% | -1.0% |
| SOY | 2023-05-26 | [Are China's Problems Adding to Bearish Pressures in US Corn, Soybeans?](https://feedsoft.ai/events/5568-are-china-s-problems-adding-to-bearish-pressures-in-us-corn-soybeans.md) | +2.2% | +14.9% |
| SOY | 2024-10-31 | [Are election fears causing top US corn and soy customers to stock up early?](https://feedsoft.ai/events/14709-are-election-fears-causing-top-us-corn-and-soy-customers-to-stock-up-early.md) | +1.8% | +1.3% |
| SOY | 2026-09-29 | [Corn Hits 3-Week Low](https://feedsoft.ai/events/17497-corn-hits-3-week-low.md) | -0.6% | -3.6% |

## Sources

- farmprogress.com: https://www.farmprogress.com/commentary/are-we-heading-to-sub--4-corn-

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