# 3 Factors Driving the Corn Market - AgWeb

> USDA's June WASDE raised U.S. corn exports by 75 million bushels and ethanol use by 75 million bushels, tightening the U.S. corn balance sheet by 150 million bushels. USDA also cut its Brazil corn crop estimate to 98.5 million metric tons from 102 million.

- Date: 2021-06-24 · published 2021-06-24T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/46607-3-factors-driving-the-corn-market-agweb
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tighter U.S. and Brazilian supplies with strong Chinese demand support corn prices, while Midwest crop concerns add upside risk.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2025-06-24 | [Corn Ending Stocks Decrease for Both the 24/25 and 25/26 Marketing Years](https://feedsoft.ai/events/24177-corn-ending-stocks-decrease-for-both-the-24-25-and-25-26-marketing-years.md) | +2.0% | -3.1% |
| CORN | 2022-01-20 | [Corn Market 288 \| Maiz'Europ'](https://feedsoft.ai/events/43161-corn-market-288-maiz-europ.md) | +1.6% | +6.7% |
| CORN | 2018-05-22 | [Corn, sorghum producers face weather, market uncertainties](https://feedsoft.ai/events/64966-corn-sorghum-producers-face-weather-market-uncertainties.md) | +0.7% | -7.9% |
| CORN | 2016-07-14 | [COLUMN: Will the Bulls Dominate Again? - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/4940-column-will-the-bulls-dominate-again-agweek-1-source-for-agriculture-news.md) | +3.9% | -0.6% |

## Sources

- agweb.com: https://www.agweb.com/markets/market-analysis/3-factors-driving-corn-market

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