# Corn Prices Survive Bearish Winter

> DTN analysis says December 2024 corn hit a three-year low of $4.46 in February before recovering. US corn exports are up 34% year on year, and USDA's March 1 stocks showed 8.347 billion bushels. Conab's lower Brazil corn estimate of 111.0 MMT is viewed as more credible than USDA's 124.0 MMT.

- Date: 2024-06-10 · published 2024-06-10T12:00:00.000Z
- Category: report · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/6155-corn-prices-survive-bearish-winter
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Strong US export demand and a smaller Brazilian crop estimate support corn prices, though large US ending stocks cap the rally.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-07-06 | [USDA Surprises Drive Corn Prices Higher - farmdoc daily](https://feedsoft.ai/events/52152-usda-surprises-drive-corn-prices-higher-farmdoc-daily.md) | -0.8% | -5.0% |
| CORN | 2023-09-29 | [It’s been a bad quarter for corn, soybean and wheat prices](https://feedsoft.ai/events/34143-it-s-been-a-bad-quarter-for-corn-soybean-and-wheat-prices.md) | +1.9% | +0.9% |
| CORN | 2019-06-28 | [Corn prices shift opportunity](https://feedsoft.ai/events/9499-corn-prices-shift-opportunity.md) | -2.0% | -4.5% |
| CORN | 2018-02-08 | [USDA Lowers Corn Stocks, Prices Rise](https://feedsoft.ai/events/10009-usda-lowers-corn-stocks-prices-rise.md) | +0.2% | +2.3% |
| CORN | 2025-09-13 | [WASDE: USDA surprises with even bigger corn production](https://feedsoft.ai/events/6849-wasde-usda-surprises-with-even-bigger-corn-production.md) | +5.1% | +2.8% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2024/06/10/corn-prices-survive-bearish-winter

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