# Why Aren't Corn Prices Higher?

> USDA's July WASDE put 2018-19 world ending corn stocks at 151.96 million tonnes, the lowest stocks-to-use ratio since 1995-96. December corn nonetheless fell about 17% from its high of seven weeks earlier and traded near $3.56.

- Date: 2018-07-13 · published 2018-07-13T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/5846-why-aren-t-corn-prices-higher
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tight projected world stocks argue for higher prices, but weak futures show the market is discounting that tightness, so the bullish fundamentals have not yet translated into price gains.

## Read by commodity

- CORN: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2018-07-13 | 5 | -5.2% | -2.8 | Commentary dated July 13 describes December corn falling sharply to about $3.56 despite tight world stocks, which is consistent with the weekly decline driven by good crop prospects and weak sentiment. |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2018/07/13/corn-prices-higher

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