# What will it take to rally corn?

> An analyst discusses whether a US-China trade compromise could rally corn, noting rumors of Chinese interest in US corn, ethanol and DDGS. He cites dry conditions in Brazil and wet conditions in Argentina, and says USDA's South American estimates still imply about 20 million tonnes more supply than last year. Demand concerns persist over ethanol margins and export competition.

- Date: 2019-01-07 · published 2019-01-07T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/61123-what-will-it-take-to-rally-corn
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Possible Chinese purchases of US corn and DDGS would support prices, but the large South American crop estimates and weak ethanol demand limit the rally.

## Read by commodity

- CORN: neutral
- DDGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-09-24 | [The U.S. and Mexico are in a dispute over tortillas. It started with genetically modified corn](https://feedsoft.ai/events/28274-the-u-s-and-mexico-are-in-a-dispute-over-tortillas-it-started-with-genetically.md) | +1.7% | -0.8% |
| CORN | 2024-06-24 | [Next steps on the USMCA corn case: What the panelists should ask \| IATP](https://feedsoft.ai/events/29714-next-steps-on-the-usmca-corn-case-what-the-panelists-should-ask-iatp.md) | -7.2% | -5.0% |
| CORN | 2019-06-19 | [Trade Matters–A Whole Lot \| SD Corn](https://feedsoft.ai/events/58599-trade-matters-a-whole-lot-sd-corn.md) | +1.3% | -1.6% |
| CORN | 2023-08-25 | [Canada says will join as third party in US-Mexico dispute over GM corn imports \| Reuters](https://feedsoft.ai/events/34540-canada-says-will-join-as-third-party-in-us-mexico-dispute-over-gm-corn-imports.md) | -2.2% | -9.0% |
| CORN | 2024-06-20 | [Takeaways from Mexico’s final rebuttal on the USMCA GM corn case \| IATP](https://feedsoft.ai/events/29713-takeaways-from-mexico-s-final-rebuttal-on-the-usmca-gm-corn-case-iatp.md) | -6.0% | -9.5% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/what-will-it-take-to-rally-corn-

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