# Corn Market 288 | Maiz'Europ'

> Corn prices on Chicago for March delivery lost $1/t in the week to January 14 to about $235/t, with high volatility. The USDA January report raised US corn production by 1 Mt and cut Brazilian carryover stocks by 2.5 Mt, while the IGC cut world maize output and consumption by 4 Mt.

- Date: 2022-01-20 · published 2022-01-20T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/43161-corn-market-288-maiz-europ
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

A tight world corn stocks-to-use ratio at a 10-year low and reduced Brazilian stocks support feed corn prices, while revised US ethanol use and the possible biofuel mandate cut add uncertainty.

## Read by commodity

- CORN: bullish ▲
- DDGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-01-14 | [Market Check - Market Check](https://feedsoft.ai/events/49217-market-check-market-check.md) | +0.7% | +4.0% |
| CORN | 2018-04-30 | [What’s Moving The Market? - Corn South](https://feedsoft.ai/events/65535-what-s-moving-the-market-corn-south.md) | +1.4% | +3.8% |
| CORN | 2021-03-01 | [Economic Outlook: 2021 Corn Market Forecast - Corn South](https://feedsoft.ai/events/48142-economic-outlook-2021-corn-market-forecast-corn-south.md) | +0.6% | +5.4% |
| CORN | 2021-06-24 | [3 Factors Driving the Corn Market - AgWeb](https://feedsoft.ai/events/46607-3-factors-driving-the-corn-market-agweb.md) | +4.6% | -5.8% |
| CORN | 2018-04-02 | [Logistic Issues, Higher Corn Market Pushes DDG Higher](https://feedsoft.ai/events/65625-logistic-issues-higher-corn-market-pushes-ddg-higher.md) | +2.3% | +3.1% |

## Sources

- maizeurop.com: https://www.maizeurop.com/en/publication/corn-market-288/

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