# 2020 corn: A story of ethanol, acres and livestock feed | TheFencePost.com

> USDA's April 1 planting estimate of 97 million corn acres was nearly 3 million above pre-report expectations. Nebraska ethanol plants are idling or cutting output, with storage nearly full and prices around 85 cents per gallon, while plants fill feeder contracts for distillers grains.

- Date: 2020-04-03 · published 2020-04-03T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/53646-2020-corn-a-story-of-ethanol-acres-and-livestock-feed-thefencepost-com
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Record corn acreage adds bearish supply pressure, while falling DDGS availability to feedlots may push cattle feeders toward corn and soymeal, supporting those feed prices.

## Read by commodity

- SBM: bullish ▲
- CORN: bearish ▼
- DDGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-09-19 | [More Corn Acres and the Prospect of Large Stocks and Low Prices - farmdoc daily](https://feedsoft.ai/events/7187-more-corn-acres-and-the-prospect-of-large-stocks-and-low-prices-farmdoc-daily.md) | +1.0% | +1.6% |
| CORN | 2017-04-11 | [USDA: More corn for ethanol, less for feed, ending stocks unchanged](https://feedsoft.ai/events/71443-usda-more-corn-for-ethanol-less-for-feed-ending-stocks-unchanged.md) | -1.1% | +0.9% |
| CORN | 2024-01-18 | [Ag economist says livestock producers could see lower feed costs in 2024 – WZBD](https://feedsoft.ai/events/32255-ag-economist-says-livestock-producers-could-see-lower-feed-costs-in-2024-wzbd.md) | +1.1% | -5.6% |
| CORN | 2024-06-03 | [Corn use for ethanol and soy for biodiesel fall due to season maintenance  : The Daily Digest](https://feedsoft.ai/events/29868-corn-use-for-ethanol-and-soy-for-biodiesel-fall-due-to-season-maintenance-the.md) | -1.6% | -6.0% |
| CORN | 2017-06-08 | [Record output of soybean and corn lead to a harvest estimate 29.2% bigger than in 2016  \| News Agency](https://feedsoft.ai/events/70327-record-output-of-soybean-and-corn-lead-to-a-harvest-estimate-29-2-bigger-than.md) | -1.3% | -0.0% |
| SBM | 2019-06-11 | [USDA to livestock producers: feed costs are going up](https://feedsoft.ai/events/58654-usda-to-livestock-producers-feed-costs-are-going-up.md) | +3.5% | -1.8% |
| SBM | 2021-06-30 | [Smaller-than-expected U.S. corn, soy acreage stokes price rally](https://feedsoft.ai/events/46614-smaller-than-expected-u-s-corn-soy-acreage-stokes-price-rally.md) | +1.8% | +2.3% |
| SBM | 2024-02-05 | [The largest US egg-producing companies of 2024 \| WATTPoultry.com](https://feedsoft.ai/events/31678-the-largest-us-egg-producing-companies-of-2024-wattpoultry-com.md) | -2.3% | -6.8% |

## Sources

- thefencepost.com: https://www.thefencepost.com/news/2020-corn-a-story-of-ethanol-acres-and-livestock-feed/

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