# Corn market under heavy pressure - Brownfield Ag News

> Ethanol is being hit by reduced American travel and falling crude prices from the Russia-Saudi oil price war. Analyst Ed Usset says corn is weak as a result, and USDA is expected to forecast about 94 million planted corn acres.

- Date: 2020-03-26 · published 2020-03-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/54165-corn-market-under-heavy-pressure-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Weak ethanol demand and a possible large acreage report both add downside pressure to corn. Planting delays would favor soybeans and support corn.

## Read by commodity

- WTI: bearish ▼
- CORN: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/corn-market-under-heavy-pressure/

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