# Market Perspectives – March 19, 2020 - U.S. Grains & BioProducts Council

> May corn futures fell 20 1/4 cents, or 5.5%, in the week to 19 March 2020 as selling dominated global markets. Export sales were 904,500 MT, weekly exports reached a marketing-year high of 970,000 MT, and cash corn values fell as end-users backed off bids.

- Date: 2020-03-19 · published 2020-03-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6110-market-perspectives-march-19-2020-u-s-grains-and-bioproducts-council
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Lower cash corn and weaker bids reduce feed grain costs, though strong export shipments offer some support to the market.

## Read by commodity

- CORN: bearish ▼
- DDGS: neutral
- SORGHUM: neutral

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-march-19-2020/

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