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An University of Illinois economist says corn could benefit significantly from a US-China trade deal, citing Chinese clean-air policies that would require large ethanol volumes and possible renewed demand for grain and distillers grains. He also notes tight domestic corn stocks and possible planting delays.
Expected Chinese demand for ethanol, grain and DDGS, combined with tight stocks, would support corn and DDGS prices if a deal is reached.
brownfieldagnews.comMark DorenkampFeb 19, 2019After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
