# Market Perspectives – July 14, 2022 - U.S. Grains & BioProducts Council

> December corn futures fell 22.5 cents (3.6%) in the week to July 14 after profit taking and long liquidation followed a neutral July WASDE. USDA's 2022/23 US corn ending stocks rose to 1.47 billion bushels with a 10.1% stocks-to-use ratio.

- Date: 2022-07-14 · published 2022-07-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4312-market-perspectives-july-14-2022-u-s-grains-and-bioproducts-council
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Ample ending stocks and a neutral report leave corn prices vulnerable to weather-driven moves, with the market now focused on heat and dryness forecasts for the Corn Belt.

## Read by commodity

- CORN: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2022-07-15 | 5 | -8.9% | -3.0 | Dec corn fell 22.5 cents in the week as profit taking and long liquidation followed a WASDE with higher ending stocks. |
| CORN | 2022-07-14 | 1 | -8.1% | -4.5 | December corn fell 3.6% over the week on profit-taking and long liquidation after the WASDE, indicating fund selling pressure. |

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-july-14-2022/

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