# Market Perspectives - January 31, 2019 - Page 7 of 10 - U.S. Grains & BioProducts Council

> The U.S. Grains Council's January 31 market perspectives summarize country news. Argentina corn exports lag on premium swings, Brazil's Parana drought has cut the corn estimate, and China's state reserve agency began buying corn to support producer prices.

- Date: 2019-01-31 · published 2019-01-31T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/61013-market-perspectives-january-31-2019-page-7-of-10-u-s-grains-and-bioproducts
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Brazil's corn output cut and China's support buying tighten global corn supply and firm export premiums, which supports corn prices.

## Read by commodity

- CORN: bullish ▲
- BARLEY: neutral

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-january-31-2019/7/

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