# Market Perspectives - December 13, 2018 - U.S. Grains & BioProducts Council

> March corn futures were down 1.25 cents per bushel from the prior Friday as fresh fundamental news was limited. The December WASDE left US corn yields and harvested area unchanged, but cut ethanol use by 50 million bushels, lifting US 2018/19 ending stocks by 45 million bushels. World ending stocks rose 0.4 percent to 308.8 MMT.

- Date: 2018-12-13 · published 2018-12-13T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/61482-market-perspectives-december-13-2018-u-s-grains-and-bioproducts-council
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher US corn ending stocks and a larger world stock base add bearish pressure on corn prices, and the range-bound market suggests limited near-term direction.

## Read by commodity

- CORN: bearish ▼
- DDGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-12-13 | [Market Perspectives December 14, 2017 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/8426-market-perspectives-december-14-2017-u-s-grains-and-bioproducts-council.md) | +2.1% | +2.6% |
| CORN | 2023-12-14 | [Market Perspectives – December 14, 2023 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/9996-market-perspectives-december-14-2023-u-s-grains-and-bioproducts-council.md) | +1.5% | +1.2% |
| CORN | 2016-11-10 | [Market Perspectives November 10, 2016 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/12242-market-perspectives-november-10-2016-u-s-grains-and-bioproducts-council.md) | -3.7% | -1.2% |
| CORN | 2023-05-18 | [Market Perspectives – May 18, 2023 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/7839-market-perspectives-may-18-2023-u-s-grains-and-bioproducts-council.md) | +5.6% | +2.2% |
| CORN | 2024-09-26 | [Market Perspectives - September 26, 2024 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/28411-market-perspectives-september-26-2024-u-s-grains-and-bioproducts-council.md) | +2.5% | +0.4% |

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-december-13-2018/
- grains.org: https://grains.org/market_perspectives/market-perspectives-december-13-2018/7/

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