# Market Perspectives – September 23, 2021 - Page 7 of 10 - U.S. Grains & BioProducts Council

> The U.S. Grains Council's September 23, 2021 market perspectives roundup lists country news. Argentina reported 40.4 MMT of 2020/21 corn sales, Russia cut its export tax on corn and barley, and Brazil cut its corn import duty for 90 days from September 20. Ukraine's 2021/22 export forecast includes 23.1 MMT of corn and 4.2 MMT of barley.

- Date: 2021-09-23 · published 2021-09-23T12:00:00.000Z
- Category: trade · region Global · magnitude low
- Page: https://feedsoft.ai/events/44954-market-perspectives-september-23-2021-page-7-of-10-u-s-grains-and-bioproducts
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Russian and Ukrainian export tax cuts and larger Argentine and Ukrainian supplies add to global feed grain availability, which weighs on corn and barley prices. Brazil's import duty cut modestly supports its own import demand.

## Read by commodity

- CORN: bearish ▼
- DDGS: neutral
- BARGE: bullish ▲
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-11-14 | [Market Perspectives – November 14, 2019 - Page 6 of 10 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/56173-market-perspectives-november-14-2019-page-6-of-10-u-s-grains-and-bioproducts.md) | -0.9% | -2.6% |
| CORN | 2018-04-12 | [Market Perspectives - April 12, 2018 - Page 7 of 11 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/65405-market-perspectives-april-12-2018-page-7-of-11-u-s-grains-and-bioproducts.md) | +0.1% | +3.3% |
| CORN | 2019-12-05 | [Market Perspectives – December 5, 2019 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/9816-market-perspectives-december-5-2019-u-s-grains-and-bioproducts-council.md) | -4.3% | +1.2% |
| CORN | 2019-11-21 | [DDGS Weekly Market Report – November 21, 2019 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/56171-ddgs-weekly-market-report-november-21-2019-u-s-grains-and-bioproducts-council.md) | -0.5% | +2.1% |
| CORN | 2020-11-19 | [Analysis: COVID-19 Pandemic Weighed On 2019/2020 Global Ethanol Trade - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/50136-analysis-covid-19-pandemic-weighed-on-2019-2020-global-ethanol-trade-u-s-grains.md) | -1.2% | +0.0% |

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-september-23-2021/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-september-23-2021/7/

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