# Market Perspectives - April 25, 2019 - U.S. Grains & BioProducts Council

> May corn futures fell 11 cents to new contract lows on fund selling and weak technical indicators, with some short-covering limiting losses. Wet weather across the Western Corn Belt and Delta has slowed planting, with 6 percent of the crop planted by April 21 against a 12 percent five-year average.

- Date: 2019-04-25 · published 2019-04-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7596-market-perspectives-april-25-2019-u-s-grains-and-bioproducts-council
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Planting delays raise the risk of lower yields, which can support corn prices and feed costs. Export sales remain steady, though bookings are down year over year.

## Read by commodity

- CORN: bullish ▲
- DDGS: bearish ▼
- BARGE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2019-04-29 | 1 | -2.5% | -4.2 | Corn fell to new contract lows on fund selling and weak technicals on April 25, which set up the downward momentum that continued into April 29, though planting delays were a partial offset. |

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-april-25-2019/
- grains.org: https://grains.org/market_perspectives/market-perspectives-april-25-2019/6/

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