# Commodities 2021: US corn prices seen firm on global demand recovery

> S&P Global's 2021 outlook says US corn prices are expected to stay firm, supported by a recovering global demand picture. It highlights strong Chinese demand, shrinking supplies, and competition from soybeans for 2021 acres. It also notes that vaccine-driven ethanol demand recovery and steady global feed demand for DDGS could help.

- Date: 2021-01-04 · published 2021-01-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/49181-commodities-2021-us-corn-prices-seen-firm-on-global-demand-recovery
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Tight US supplies and resilient feed and ethanol demand point to firm corn prices, which raises feed costs for buyers. Competition from soybean acreage limits how far corn can rise.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲

## Sources

- spglobal.com: https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/agriculture/010421-commodities-2021-us-corn-prices-seen-firm-on-global-demand-recovery

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