# Market Perspectives - March 29, 2018 - Page 7 of 11 - U.S. Grains & BioProducts Council

> The U.S. Grains Council market report summarizes country news, including Argentina cutting its 2017/18 corn estimate to 39.5 MMT on poor yields and Brazil's winter corn crop forecast 12.5% lower than last year. It also notes India may need to import corn despite a record harvest.

- Date: 2018-03-29 · published 2018-03-29T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/66084-market-perspectives-march-29-2018-page-7-of-11-u-s-grains-and-bioproducts
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Lower South American corn output tightens export supplies and supports corn prices, while Indian import needs add demand for feed grains.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲
- OCEANFRT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-05-16 | [Market Perspectives - May 16, 2024 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/10514-market-perspectives-may-16-2024-u-s-grains-and-bioproducts-council.md) | +0.1% | +4.6% |
| CORN | 2018-11-08 | [Market Perspectives - November 8, 2018 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/62131-market-perspectives-november-8-2018-u-s-grains-and-bioproducts-council.md) | -6.8% | -0.4% |
| CORN | 2019-10-03 | [Market Perspectives – October 3, 2019 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/56622-market-perspectives-october-3-2019-u-s-grains-and-bioproducts-council.md) | +2.7% | +0.5% |
| CORN | 2023-07-13 | [Market Perspectives – July 13, 2023 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/7054-market-perspectives-july-13-2023-u-s-grains-and-bioproducts-council.md) | -1.6% | -7.1% |
| CORN | 2020-07-02 | [Market Perspectives – July 2, 2020 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/12771-market-perspectives-july-2-2020-u-s-grains-and-bioproducts-council.md) | +0.9% | -6.0% |

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-march-29-2018/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-march-29-2018/7/
- grains.org: https://grains.org/market_perspectives/market-perspectives-march-29-2018/9/

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