# Market Perspectives – October 3, 2019 - U.S. Grains & BioProducts Council

> USDA's September Grain Stocks report showed corn stocks of 2.114 billion bushels, well below trade expectations of 2.3 billion, and barley and sorghum stocks were also reported. December corn futures rose about 4.6 percent that week on the surprise.

- Date: 2019-10-03 · published 2019-10-03T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/56622-market-perspectives-october-3-2019-u-s-grains-and-bioproducts-council
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A bullish stocks surprise tightens the old-crop corn and sorghum balance, supporting feed grain prices for buyers.

## Read by commodity

- SBM: neutral
- CORN: bullish ▲
- DDGS: bullish ▲
- BARLEY: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-11-08 | [Market Perspectives - November 8, 2018 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/62131-market-perspectives-november-8-2018-u-s-grains-and-bioproducts-council.md) | -6.8% | -0.4% |
| CORN | 2024-05-16 | [Market Perspectives - May 16, 2024 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/10514-market-perspectives-may-16-2024-u-s-grains-and-bioproducts-council.md) | +0.1% | +4.6% |
| CORN | 2020-07-02 | [Market Perspectives – July 2, 2020 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/12771-market-perspectives-july-2-2020-u-s-grains-and-bioproducts-council.md) | +0.9% | -6.0% |
| CORN | 2023-07-13 | [Market Perspectives – July 13, 2023 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/7054-market-perspectives-july-13-2023-u-s-grains-and-bioproducts-council.md) | -1.6% | -7.1% |
| CORN | 2018-03-29 | [Market Perspectives - March 29, 2018 - Page 7 of 11 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/66084-market-perspectives-march-29-2018-page-7-of-11-u-s-grains-and-bioproducts.md) | +4.8% | +4.9% |
| SBM | 2016-11-10 | [Market Perspectives November 10, 2016 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/12242-market-perspectives-november-10-2016-u-s-grains-and-bioproducts-council.md) | +0.0% | +1.9% |
| SBM | 2017-12-13 | [Market Perspectives December 14, 2017 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/8426-market-perspectives-december-14-2017-u-s-grains-and-bioproducts-council.md) | -2.4% | -4.1% |
| SBM | 2025-10-09 | [DDGS Weekly Market Report - October 9, 2025 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/22516-ddgs-weekly-market-report-october-9-2025-u-s-grains-and-bioproducts-council.md) | +1.3% | +19.9% |

## Sources

- grains.org: https://grains.org/ddgs_report/ddgs-weekly-market-report-october-3-2019/
- grains.org: https://grains.org/market_perspectives/market-perspectives-october-3-2019/

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