# Market Perspectives - July 19, 2018 - U.S. Grains & BioProducts Council

> The US Grains Council market perspectives report noted December corn futures rose 2% week-over-week on variable weather. Hot, dry conditions in the Southern Plains contrasted with wet conditions in the northeastern Corn Belt, while the WASDE showed lower world corn stocks.

- Date: 2018-07-19 · published 2018-07-19T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/6569-market-perspectives-july-19-2018-u-s-grains-and-bioproducts-council
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Weather-driven yield concerns and reduced world ending stocks support corn prices, though forecasts for favorable rains in the main producing areas limit the upside.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- DDGS: neutral
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-05-24 | [Market Perspectives - May 24, 2018 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/10841-market-perspectives-may-24-2018-u-s-grains-and-bioproducts-council.md) | -2.0% | -9.0% |
| CORN | 2017-06-01 | [Market Perspectives June 1, 2017 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/70520-market-perspectives-june-1-2017-u-s-grains-and-bioproducts-council.md) | +2.1% | -3.7% |
| CORN | 2019-05-23 | [Market Perspectives - May 23, 2019 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/12128-market-perspectives-may-23-2019-u-s-grains-and-bioproducts-council.md) | +3.7% | +7.9% |
| CORN | 2019-03-21 | [Market Perspectives - March 21, 2019 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/9641-market-perspectives-march-21-2019-u-s-grains-and-bioproducts-council.md) | -1.2% | -4.1% |
| CORN | 2021-03-04 | [Market Perspectives – March 4, 2021 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/8636-market-perspectives-march-4-2021-u-s-grains-and-bioproducts-council.md) | +3.9% | +7.2% |
| SBM | 2018-02-22 | [Market Perspectives - February 22, 2018 - Page 7 of 11 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/66562-market-perspectives-february-22-2018-page-7-of-11-u-s-grains-and-bioproducts.md) | +4.3% | -3.6% |
| SBM | 2022-01-27 | [Market Perspectives – January 27, 2022 - Page 7 of 10 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/14967-market-perspectives-january-27-2022-page-7-of-10-u-s-grains-and-bioproducts.md) | +7.8% | +15.4% |
| SBM | 2020-11-05 | [Market Perspectives – November 5, 2020 - Page 7 of 10 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/50216-market-perspectives-november-5-2020-page-7-of-10-u-s-grains-and-bioproducts.md) | +1.8% | +1.8% |

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-july-19-2018/
- grains.org: https://grains.org/market_perspectives/market-perspectives-july-19-2018/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-july-19-2018/7/

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