# Need Strong Usage, Export Markets - Corn South

> Record US corn production in 2017 pushed prices lower, with December futures falling from $4.14 in July to $3.37 by November 28. Economists expect competitive conditions to persist into 2018 unless exports and usage improve.

- Date: 2018-01-04 · published 2018-01-04T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/67109-need-strong-usage-export-markets-corn-south
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A large corn crop and weak prices keep feed grain costs low for buyers, with exports and usage needed to lift values.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-06-28 | [USDA Reports Surprise Sends Corn Market Reeling](https://feedsoft.ai/events/58539-usda-reports-surprise-sends-corn-market-reeling.md) | -2.0% | -4.5% |
| CORN | 2019-03-01 | [Corn Stocks Less Than Expected - Corn South](https://feedsoft.ai/events/60112-corn-stocks-less-than-expected-corn-south.md) | -1.6% | +1.4% |
| CORN | 2019-10-10 | [Mixed reports churn markets](https://feedsoft.ai/events/8768-mixed-reports-churn-markets.md) | +0.1% | -1.3% |
| CORN | 2023-08-11 | [August WASDE cuts export expectations for corn, soybeans and wheat - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/12249-august-wasde-cuts-export-expectations-for-corn-soybeans-and-wheat-agweek-1.md) | -1.6% | -2.3% |
| CORN | 2020-05-19 | [CEPM Corn Market n°219 \| Maiz'Europ'](https://feedsoft.ai/events/53158-cepm-corn-market-n-219-maiz-europ.md) | -0.5% | +2.4% |

## Sources

- cornsouth.com: https://cornsouth.com/articles/need-strong-usage-export-markets/

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