# Potential for a Post-Harvest Corn Price Rally - ProAg

> Central Illinois corn cash prices climbed to the mid-$3.80 range, with some locations offering above $4 for fall delivery, while December futures struggled to break $4. USDA's consumption forecast is 14.015 billion bushels, down 459 million from the prior year, and ethanol corn use is projected to rise only 24 million bushels.

- Date: 2019-10-22 · published 2019-10-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/56586-potential-for-a-post-harvest-corn-price-rally-proag
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Weak demand caps prices, but a smaller crop could support a post-harvest rally if supply tightness outweighs demand softness. Feed and residual use projections at 5.3 billion bushels could be revised if livestock inventories or the crop size change.

## Read by commodity

- CORN: neutral
- DDGS: neutral

## Sources

- proag.com: https://www.proag.com/news/potential-for-a-post-harvest-corn-price-rally/

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