# Jim Hilker: Market Outlook - May 2018 - Department of Agricultural, Food, and Resource Economics

> Michigan State professor Jim Hilker reviews the May 2018 USDA WASDE projections for the 2018-19 US corn marketing year. Production is projected just over 14 billion bushels on 88 million planted acres and a 174 bu/ac trend yield, down nearly 600 million bushels from last year.

- Date: 2018-05-16 · published 2018-05-16T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/64880-jim-hilker-market-outlook-may-2018-department-of-agricultural-food-and-resource
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A projected drop in production and beginning stocks tightens the corn supply outlook, which is mildly supportive of prices. The figures were near trade expectations, so the surprise was limited.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-09-03 | [Long-Term U.S. Agricultural Outlook Affected Broadly by Uncertainty of China’s Markets \| Economic Research Service](https://feedsoft.ai/events/56957-long-term-u-s-agricultural-outlook-affected-broadly-by-uncertainty-of-china-s.md) | -6.0% | +1.2% |
| CORN | 2026-05-01 | [FAPRI Release 2026 International Agricultural Market Outlook \| Dakota News Network](https://feedsoft.ai/events/19322-fapri-release-2026-international-agricultural-market-outlook-dakota-news-network.md) | -1.4% | +0.1% |
| CORN | 2022-10-05 | [Short-term outlook report: EU agricultural markets remain stable despite the Russian invasion of Ukraine - Agriculture and rural development](https://feedsoft.ai/events/39065-short-term-outlook-report-eu-agricultural-markets-remain-stable-despite-the.md) | +0.9% | +1.2% |
| CORN | 2023-10-09 | [Short-term outlook of agricultural markets: EU farmers keep up production in spite of adverse weather events - Agriculture and rural development](https://feedsoft.ai/events/33554-short-term-outlook-of-agricultural-markets-eu-farmers-keep-up-production-in.md) | -0.2% | -3.4% |
| CORN | 2021-05-12 | [May WASDE report gives first look at new crop outlook - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/47042-may-wasde-report-gives-first-look-at-new-crop-outlook-agweek-1-source-for.md) | -7.8% | -3.3% |

## Sources

- msu-prod.dotcdn.io: https://msu-prod.dotcdn.io/news/jim-hilker-market-outlook-may-2018

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