# CEPM Corn Market n°214 | Maiz'Europ'

> The CEPM corn market report says Chicago May corn prices were relatively stable from April 3 to 13, supported by strong exports and OPEC+ cuts. USDA's April report was bearish, with US 2019/20 carryout up 5.1 Mt as ethanol use fell 9.5 Mt, while Argentina's Paraná River low level is disrupting exports.

- Date: 2020-04-16 · published 2020-04-16T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/53668-cepm-corn-market-n-214-maiz-europ
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Higher US carryout and disrupted Argentine exports offset each other, leaving corn prices range-bound. Low Paraná River levels could tighten logistics for South American corn flows.

## Read by commodity

- CORN: neutral
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-02-01 | [Market Factors - Corn South](https://feedsoft.ai/events/72531-market-factors-corn-south.md) | -0.1% | +0.9% |
| CORN | 2019-01-01 | [Market Reaction to USDA’s August Corn Crop Reports](https://feedsoft.ai/events/60954-market-reaction-to-usda-s-august-corn-crop-reports.md) | +1.4% | +1.8% |
| CORN | 2023-07-21 | [W28: Maize (Corn) Update](https://feedsoft.ai/events/35075-w28-maize-corn-update.md) | +9.5% | -5.9% |
| CORN | 2023-06-23 | [W24: Maize (Corn) Update](https://feedsoft.ai/events/35511-w24-maize-corn-update.md) | -8.6% | -15.1% |
| CORN | 2024-03-14 | [US Corn Crop in 2023](https://feedsoft.ai/events/13197-us-corn-crop-in-2023.md) | +1.8% | -5.4% |

## Sources

- maizeurop.com: https://www.maizeurop.com/en/publication/cepm-corn-market-n214/

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