# Economic Outlook: 2021 Corn Market Forecast - Corn South

> A University of Georgia extension economist outlined the US corn picture, citing a 2020 crop of about 14.2 billion bushels at 172 bushels per acre. She said a global supply gap after Ukrainian drought and large Chinese purchases to rebuild its hog herd have lowered US and global ending stocks and lifted prices.

- Date: 2021-03-01 · published 2021-03-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/48142-economic-outlook-2021-corn-market-forecast-corn-south
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tight ending stocks and firm Chinese import demand support corn prices, which raises the cost of corn-based feed for buyers.

## 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 | 2019-07-29 | [Wheat Market Outlook – July 29th, 2019 \| Sask Wheat](https://feedsoft.ai/events/58135-wheat-market-outlook-july-29th-2019-sask-wheat.md) | -0.6% | -10.6% |
| CORN | 2024-11-14 | [Economic downturn in US coarse grains market \| Feed & Grain](https://feedsoft.ai/events/27467-economic-downturn-in-us-coarse-grains-market-feed-and-grain.md) | +0.2% | +0.4% |
| CORN | 2026-01-30 | [Poultry Market Outlook - Jan - Ceva Poultry](https://feedsoft.ai/events/21206-poultry-market-outlook-jan-ceva-poultry.md) | +0.7% | +0.3% |
| CORN | 2021-06-24 | [EU trims 2021/22 wheat harvest and stocks forecasts - Markets - Business Recorder](https://feedsoft.ai/events/46520-eu-trims-2021-22-wheat-harvest-and-stocks-forecasts-markets-business-recorder.md) | +4.6% | -5.8% |

## Sources

- cornsouth.com: https://cornsouth.com/articles/economic-outlook-2021-corn-market-forecast/

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