# CEPM Corn Market n°219 | Maiz'Europ'

> The CEPM weekly corn report says July corn delivery prices were stable at $126/t from 8 to 15 May. US planting was 67% complete on 10 May against a 56% five-year average. The USDA May report raised 2019/20 exports by 1 Mt, cut ethanol use by 2 Mt, and projected a record 406 Mt US crop for 2020/21 with stocks at 84 Mt.

- Date: 2020-05-19 · published 2020-05-19T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/53158-cepm-corn-market-n-219-maiz-europ
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A record US crop projection and fast planting add supply pressure. Lower ethanol demand is a bearish factor, although oil's recovery above $30 a barrel provides some support.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-01-04 | [Need Strong Usage, Export Markets - Corn South](https://feedsoft.ai/events/67109-need-strong-usage-export-markets-corn-south.md) | -0.8% | +1.9% |
| CORN | 2026-10-01 | [Corn plunges 20 cents as high USDA stocks stun market](https://feedsoft.ai/events/17408-corn-plunges-20-cents-as-high-usda-stocks-stun-market.md) | -1.2% | -6.7% |
| CORN | 2021-05-12 | [Markets mixed on new crop estimates](https://feedsoft.ai/events/47043-markets-mixed-on-new-crop-estimates.md) | -7.8% | -3.3% |
| CORN | 2019-06-28 | [USDA Reports Surprise Sends Corn Market Reeling](https://feedsoft.ai/events/58539-usda-reports-surprise-sends-corn-market-reeling.md) | -2.0% | -4.5% |
| CORN | 2016-11-09 | [Corn, soybean markets drop after USDA hikes production](https://feedsoft.ai/events/73821-corn-soybean-markets-drop-after-usda-hikes-production.md) | -6.6% | -4.5% |

## Sources

- maizeurop.com: https://www.maizeurop.com/en/publication/cepm-corn-market-n219/

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