# Market Factors - Corn South

> A Texas A&M economist reviewed USDA's first 2017 WASDE, which cut US corn production by 78 million bushels and lowered ending stocks to 2.355 billion bushels. The season average farm price rose to $3.40 per bushel. Corn stocks on December 1 were 22% above average.

- Date: 2017-02-01 · published 2017-02-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/72531-market-factors-corn-south
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Large carryover stocks limit upside price moves from small changes in acreage or yields, keeping corn prices under pressure.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-07-05 | [Global factors shape SA barley and corn market outlook \| Stock Journal \| SA](https://feedsoft.ai/events/29331-global-factors-shape-sa-barley-and-corn-market-outlook-stock-journal-sa.md) | +1.0% | -1.1% |
| CORN | 2020-04-16 | [CEPM Corn Market n°214 \| Maiz'Europ'](https://feedsoft.ai/events/53668-cepm-corn-market-n-214-maiz-europ.md) | -1.1% | -1.4% |
| CORN | 2019-01-01 | [Market Reaction to USDA’s August Corn Crop Reports](https://feedsoft.ai/events/60954-market-reaction-to-usda-s-august-corn-crop-reports.md) | +1.4% | +1.8% |
| CORN | 2020-06-01 | [Growing Market - Sorghum Soars](https://feedsoft.ai/events/52665-growing-market-sorghum-soars.md) | +2.0% | -0.6% |
| CORN | 2020-06-16 | [Weather, China and soybean crush key market factors – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/11070-weather-china-and-soybean-crush-key-market-factors-ohio-ag-net-ohio-s-country.md) | -0.0% | +0.5% |

## Sources

- cornsouth.com: https://cornsouth.com/articles/market-factors-2/

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