# What’s ahead in 2018: Strong ethanol, feed demand stabilize corn market - Governors' Biofuels Coalition

> U.S. corn ending stocks have built for five straight years, and USDA projected a 2.487 billion bushel carryout with a season-average farm price of $2.80 to $3.60. Analysts expect ethanol and feed demand to stabilize the market, while the Brazilian second-crop planting pace is a watch item. The outlook was drawn from remarks at the December Illinois Farm Economics Summit.

- Date: 2018-01-04 · published 2018-01-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/67090-what-s-ahead-in-2018-strong-ethanol-feed-demand-stabilize-corn-market-governors
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A large carryout caps corn prices, and any firming in ethanol and feed demand would only partly offset the surplus. Brazil's second-crop timing could shift export competition later in the year.

## Read by commodity

- CORN: neutral

## Sources

- governorsbiofuelscoalition.org: https://www.governorsbiofuelscoalition.org/whats-ahead-in-2018-strong-ethanol-feed-demand-stabilize-corn-market/

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