# U.S. Corn Weekly Price Outlook: Patience Required

> March 2017 corn futures fell 9.25 cents to close at $3.49 on December 1 after USDA's Baseline projections were released. The Baseline showed US planted corn acreage falling to 90 million acres for 2017 and 2017/18 ending stocks of 2,298 million bushels. Those stocks remain among the largest in 30 years.

- Date: 2016-12-05 · published 2016-12-05T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/73484-u-s-corn-weekly-price-outlook-patience-required
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Large projected US carryout and lower-than-hoped acreage reduction keep the supply cushion heavy, which weighs on corn prices. Feed buyers face continued price pressure unless yield or demand surprises emerge.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2016-11-07 | [US Corn Futures Weekly Price Outlook: Record Corn Yields?](https://feedsoft.ai/events/8309-us-corn-futures-weekly-price-outlook-record-corn-yields.md) | -2.6% | +0.5% |
| CORN | 2017-01-30 | [U.S. Corn Futures Weekly Price Outlook: Brazil In Focus - See It Market](https://feedsoft.ai/events/73038-u-s-corn-futures-weekly-price-outlook-brazil-in-focus-see-it-market.md) | +2.0% | +1.2% |
| CORN | 2023-09-18 | [Corn Weekly Report](https://feedsoft.ai/events/7188-corn-weekly-report.md) | -8.5% | -6.6% |
| CORN | 2026-06-01 | [USDA cuts egg price outlook as output rebounds strongly](https://feedsoft.ai/events/18792-usda-cuts-egg-price-outlook-as-output-rebounds-strongly.md) | -5.5% | -10.2% |
| CORN | 2022-08-31 | [CBOT weekly outlook: Harvest, crop conditions pressuring prices - Grainews](https://feedsoft.ai/events/40077-cbot-weekly-outlook-harvest-crop-conditions-pressuring-prices-grainews.md) | -2.0% | -3.7% |

## Sources

- seeitmarket.com: https://www.seeitmarket.com/u-s-corn-weekly-price-outlook-patience-required-16333/

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