# The Start of a Corn Market Rally | Red River Farm Network

> University of Illinois economist Todd Hubbs expects a corn market rally as acreage falls and yields drop, with each day of planting delay after May 25 costing about 1.1 bushels per acre. He noted that large global supplies, including possible record Brazilian exports, may limit the price rise.

- Date: 2019-05-31 · published 2019-05-31T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/59125-the-start-of-a-corn-market-rally-red-river-farm-network
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Expected acreage and yield losses point to firmer US corn prices and higher feed costs. Record Brazilian export supplies are a partial offset that could cap gains.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-07-31 | [It’s a Late Crop \| Red River Farm Network](https://feedsoft.ai/events/40513-it-s-a-late-crop-red-river-farm-network.md) | +3.1% | +4.2% |
| CORN | 2021-12-16 | [Cordonnier: A Split Decision \| Red River Farm Network](https://feedsoft.ai/events/13760-cordonnier-a-split-decision-red-river-farm-network.md) | -2.7% | +0.4% |
| CORN | 2019-10-04 | [A Slow Start for Planting in South America \| Red River Farm Network](https://feedsoft.ai/events/56406-a-slow-start-for-planting-in-south-america-red-river-farm-network.md) | +0.3% | +0.2% |
| CORN | 2020-06-19 | [Grain Traders Monitoring Rainfall Across Corn Belt \| Red River Farm Network](https://feedsoft.ai/events/52460-grain-traders-monitoring-rainfall-across-corn-belt-red-river-farm-network.md) | -2.4% | -0.2% |
| CORN | 2019-12-26 | [Brazil Corn and Soybeans Developing Nicely \| Red River Farm Network](https://feedsoft.ai/events/55420-brazil-corn-and-soybeans-developing-nicely-red-river-farm-network.md) | +0.6% | +1.6% |

## Sources

- rrfn.com: https://www.rrfn.com/2019/05/31/the-start-of-a-corn-market-rally/

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