# Market Perspectives - November 3, 2022 - U.S. Grains & BioProducts Council

> December corn futures were down 3 cents in the week ending around November 3, trading between $6.71 and $7.06 per bushel. Corn harvest reached 76 percent complete, and weekly export inspections were down 23 percent year to date, while ethanol output exceeded 1 million barrels per day for a third week.

- Date: 2022-11-03 · published 2022-11-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/38675-market-perspectives-november-3-2022-u-s-grains-and-bioproducts-council
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Strong ethanol and feed demand are holding corn near support despite slow exports, and the market awaits the November 9 WASDE for a potential volatility trigger.

## Read by commodity

- CORN: neutral
- DDGS: neutral

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-november-3-2022/

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