# Falling Corn Surplus Could Mean Higher Food Prices

> A hot, dry summer reduced the US corn harvest despite the largest planted crop since World War II. USDA estimates about 672 million bushels of corn will be available at the end of the summer, down from initial estimates and well below average.

- Date: 2019-10-29 · published 2019-10-29T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/56588-falling-corn-surplus-could-mean-higher-food-prices
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Tighter ending stocks support corn prices and could lift feed costs for livestock and poultry buyers over the coming months.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-06-27 | [High Heat Might Push Corn Prices Even Higher](https://feedsoft.ai/events/40956-high-heat-might-push-corn-prices-even-higher.md) | +1.8% | -12.0% |
| CORN | 2020-08-26 | [Low rainfall in US Midwest drives corn prices higher](https://feedsoft.ai/events/51639-low-rainfall-in-us-midwest-drives-corn-prices-higher.md) | +1.5% | +7.0% |
| CORN | 2022-05-01 | [Brazil’s Drought: The Trigger that Could Take Corn Prices Higher?](https://feedsoft.ai/events/13731-brazil-s-drought-the-trigger-that-could-take-corn-prices-higher.md) | -8.1% | -2.4% |
| CORN | 2025-03-25 | [Global corn stocks low and falling - prices to rise](https://feedsoft.ai/events/25595-global-corn-stocks-low-and-falling-prices-to-rise.md) | -1.5% | +3.1% |
| CORN | 2019-07-08 | [Higher corn futures cause feeder calf prices to dip](https://feedsoft.ai/events/58230-higher-corn-futures-cause-feeder-calf-prices-to-dip.md) | +2.0% | -3.2% |

## Sources

- ipm.org: https://www.ipm.org/show/eartheats/2019-10-29/falling-corn-surplus-higher-food-prices

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