# Corn, sorghum producers face weather, market uncertainties

> A Texas AgriLife economist says a spring corn price rally has lifted prices above recent years after USDA's updated supply and demand outlook showed lower carryover. U.S. 2018 corn acres are estimated at just over 88 million, down from 90.2 million in 2017, and current moisture and forecasts look positive for the Corn Belt.

- Date: 2018-05-22 · published 2018-05-22T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/64966-corn-sorghum-producers-face-weather-market-uncertainties
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Lower projected carryout and reduced U.S. corn acreage support corn prices, and strong feed and biofuel demand could keep prices firm, which raises feed costs for buyers.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-01-15 | [Corn production slashed, sorghum rises in latest USDA Feed Outlook \| Feed & Grain](https://feedsoft.ai/events/26568-corn-production-slashed-sorghum-rises-in-latest-usda-feed-outlook-feed-and-grain.md) | +2.0% | +2.6% |
| CORN | 2023-03-04 | [United States: 2022/23 sorghum production falls 58%](https://feedsoft.ai/events/36922-united-states-2022-23-sorghum-production-falls-58.md) | -1.2% | +1.1% |
| CORN | 2018-04-30 | [What’s Moving The Market? - Corn South](https://feedsoft.ai/events/65535-what-s-moving-the-market-corn-south.md) | +1.4% | +3.8% |
| CORN | 2021-06-24 | [3 Factors Driving the Corn Market - AgWeb](https://feedsoft.ai/events/46607-3-factors-driving-the-corn-market-agweb.md) | +4.6% | -5.8% |
| CORN | 2025-06-27 | [Demand, prices support Mexico’s corn, sorghum, rice \| World Grain](https://feedsoft.ai/events/24283-demand-prices-support-mexico-s-corn-sorghum-rice-world-grain.md) | +5.1% | -1.7% |

## Sources

- farmprogress.com: https://www.farmprogress.com/crops/corn-sorghum-producers-face-weather-market-uncertainties

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