# Can Ethanol Pump Up Commodity Prices & Get Farmers Spending Again?

> The national average corn yield is expected to reach a record 175.4 bushels per acre, and Illinois yields are near 198 bushels. The November 9 WASDE report was seen as bearish for corn, and crop prices and ag equipment stocks fell after it.

- Date: 2017-11-24 · published 2017-11-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/67984-can-ethanol-pump-up-commodity-prices-and-get-farmers-spending-again
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Record yields and higher world ending stocks add supply pressure to corn and soybean prices, which weighs on feed costs for buyers and the outlook for farm spending.

## Read by commodity

- CORN: bearish ▼

## Sources

- farm-equipment.com: https://www.farm-equipment.com/articles/14853-can-ethanol-pump-up-commodity-prices-get-farmers-spending-again

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