# Bearish news continues for corn | Iowa Agribusiness Radio Network

> A feed ingredient analyst lists bearish factors for corn, including coronavirus, African swine fever concerns, farmer selling, possible 94 million acres, lack of Chinese purchases, a large South American crop, weak ethanol margins and a strong dollar. Corn futures were down only 15 cents since the virus hit, and March-May spreads had narrowed.

- Date: 2020-03-04 · published 2020-03-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/54169-bearish-news-continues-for-corn-iowa-agribusiness-radio-network
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Despite the bearish list, tight spreads and strong basis suggest limited downside, so feed buyers should watch for a price floor. The strong dollar slows exports.

## Read by commodity

- DXY: bullish ▲
- CORN: neutral

## Sources

- iowaagribusinessradionetwork.com: https://iowaagribusinessradionetwork.com/bearish-news-continues-for-corn/

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