# Corn price projection turns ugly

> A Western Producer article says corn's stocks-to-use ratio is projected to rise to about 29% for 2020-21, driven by faltering ethanol demand with plants running at 50 to 60% of capacity. An economist expects corn prices to fall sharply in the coming crop year.

- Date: 2020-04-30 · published 2020-04-30T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/53666-corn-price-projection-turns-ugly
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

A bloated projected stocks-to-use ratio signals sustained bearish pressure on corn prices, and weaker ethanol co-product output (DDGS) also weighs on feed supply economics.

## Read by commodity

- CORN: bearish ▼
- DDGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-10-28 | [Milk price projections lowered - Dairy Star](https://feedsoft.ai/events/4683-milk-price-projections-lowered-dairy-star.md) | -0.3% | +0.9% |
| CORN | 2023-11-09 | [USDA Predicts Record Corn Production](https://feedsoft.ai/events/33113-usda-predicts-record-corn-production.md) | -1.5% | -1.0% |
| CORN | 2023-02-16 | [USDA Agricultural Projections to 2032- Focus on Corn, Soybeans - Farm Policy News](https://feedsoft.ai/events/15335-usda-agricultural-projections-to-2032-focus-on-corn-soybeans-farm-policy-news.md) | -0.4% | -4.9% |
| CORN | 2019-03-18 | [USDA Agricultural Projections to 2028- Focus on Corn, Soybeans - Farm Policy News](https://feedsoft.ai/events/60114-usda-agricultural-projections-to-2028-focus-on-corn-soybeans-farm-policy-news.md) | +2.6% | -3.5% |
| CORN | 2021-05-18 | [Corn Production Expected to Grow in 2021](https://feedsoft.ai/events/47087-corn-production-expected-to-grow-in-2021.md) | +0.7% | +3.5% |

## Sources

- producer.com: https://www.producer.com/markets/corn-price-projection-turns-ugly/

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