# Will Argentine wx and Ethanol demand keep corn prices supported?

> Corn bulls noted another week of record US ethanol production, though gross margins at ethanol plants are weakening. A producer priced 5% of estimated new-crop output at $3.94 per bushel against December 2017 futures.

- Date: 2017-01-23 · published 2017-01-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/72988-will-argentine-wx-and-ethanol-demand-keep-corn-prices-supported
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Concern that record ethanol demand headlines may fade, together with rising global corn export competition, could weigh on corn prices and bullish sentiment.

## Read by commodity

- CORN: bearish ▼

## Sources

- farmprogress.com: https://www.farmprogress.com/corn/will-argentine-wx-and-ethanol-demand-keep-corn-prices-supported-

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