# Czarnikow Corn Outlook H2 March 2020 | CZ app

> Chicago corn fell on lower ethanol demand expectations, with ethanol margins below production cost and plant closures expected. Brazilian corn rallied for a sixth straight week on local demand, and the USDA is projecting 94 million planted acres.

- Date: 2020-03-02 · published 2020-03-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/54166-czarnikow-corn-outlook-h2-march-2020-cz-app
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Collapsing ethanol margins reduce domestic corn use, while cheap diesel lowers farmer breakeven and supports planting. Brazilian strength reflects separate local demand.

## Read by commodity

- WTI: bearish ▼
- CORN: bearish ▼

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/czarnikow-corn-outlook-h2-march-2020/

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