# Corn tightens but wheat and barley bountiful: IGC - Grain Central

> The IGC forecasts 2019/20 world total grains output rising 1% to 2,159 million tonnes, with a record wheat crop of 764 Mt and a smaller maize crop. Global grain stocks are expected to fall for a third season to a four-year low of 598 Mt, led by lower maize inventories.

- Date: 2019-08-30 · published 2019-08-30T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/57608-corn-tightens-but-wheat-and-barley-bountiful-igc-grain-central
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Tighter global maize stocks and falling maize trade support corn prices, while abundant wheat and barley weigh on those markets. Feed buyers should expect firmer coarse grain costs into the new crop year.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-05-05 | [Prices higher, corn continues tight: IGC - Grain Central](https://feedsoft.ai/events/47118-prices-higher-corn-continues-tight-igc-grain-central.md) | +1.4% | -4.0% |
| CORN | 2017-03-17 | [Strategie Grains Increased Its Forecast On Wheat And Barley Yields In The EU, But Decreased Its Corn Forecast](https://feedsoft.ai/events/71948-strategie-grains-increased-its-forecast-on-wheat-and-barley-yields-in-the-eu.md) | -1.8% | +0.6% |
| CORN | 2020-07-24 | [Wheat stock record, US maize trimmed: IGC - Grain Central](https://feedsoft.ai/events/52151-wheat-stock-record-us-maize-trimmed-igc-grain-central.md) | -1.9% | +1.4% |
| CORN | 2017-10-12 | [Strategy Grains is expecting growing wheat and barley](https://feedsoft.ai/events/68398-strategy-grains-is-expecting-growing-wheat-and-barley.md) | -0.0% | -3.8% |
| CORN | 2018-06-19 | [Wheat/barley price prospects on the rise; oilseeds to fall: ABARES - Grain Central](https://feedsoft.ai/events/64497-wheat-barley-price-prospects-on-the-rise-oilseeds-to-fall-abares-grain-central.md) | -0.9% | -2.0% |
| WHEAT | 2022-11-14 | [WASDE lifts Aus wheat, barley forecasts - Grain Central](https://feedsoft.ai/events/38637-wasde-lifts-aus-wheat-barley-forecasts-grain-central.md) | +0.8% | +0.0% |
| WHEAT | 2022-09-05 | [ABARES lifts wheat, barley, canola estimates - Grain Central](https://feedsoft.ai/events/39533-abares-lifts-wheat-barley-canola-estimates-grain-central.md) | -0.5% | +4.5% |
| WHEAT | 2026-03-02 | [ABARES confirms record for barley; canola, wheat lift - Grain Central](https://feedsoft.ai/events/20124-abares-confirms-record-for-barley-canola-wheat-lift-grain-central.md) | +1.6% | +0.1% |

## Sources

- graincentral.com: https://www.graincentral.com/trade/corn-tightens-but-wheat-and-barley-bountiful-igc/

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