# Market Factors - Corn South

> USDA's crop condition index for U.S. corn was 375 against a normal 361, with 69% of the crop rated good to excellent. Corn export sales for the first month of the marketing year reached 776 million bushels, or 32% of the USDA target, while grain sorghum sales were weak.

- Date: 2018-11-01 · published 2018-11-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/62136-market-factors-corn-south
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Solid corn export commitments support demand and prices, while weak sorghum sales add to downward pressure on sorghum values. El Niño could bring drier conditions to Southern Africa and Australia later.

## Read by commodity

- CORN: bullish ▲
- SORGHUM: bearish ▼

## Sources

- cornsouth.com: https://cornsouth.com/articles/market-factors-5/

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