# Corn price rally unlikely but possible - Brownfield Ag News

> Brownfield quotes market analyst Matt Bennett saying a corn price rally will be hard to achieve given weather is the main price driver and a large US crop is expected. He notes that a Chinese buying spree, further dollar weakness, or inflation in other commodities could trigger a rally, and Chinese corn futures hit record highs.

- Date: 2020-07-27 · published 2020-07-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/52156-corn-price-rally-unlikely-but-possible-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of a large US crop limit near-term corn upside, though a weaker dollar and Chinese demand could make US corn cheaper on world markets and support export flows.

## Read by commodity

- DXY: bearish ▼
- CORN: neutral

## Sources

- brownfieldagnews.com: https://www.brownfieldagnews.com/news/corn-price-rally-unlikely-but-possible/

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