# Market Perspectives – December 16, 2021 - U.S. Grains & BioProducts Council

> March corn futures were up 1.25 cents for the week in choppy, sideways trade after the December WASDE. USDA reported strong corn export sales of 1.948 MMT and exports of 1.093 MMT for the week ending Dec. 9, and Iowa ethanol gross margins fell but stayed well above zero.

- Date: 2021-12-16 · published 2021-12-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8017-market-perspectives-december-16-2021-u-s-grains-and-bioproducts-council
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Strong export demand supports corn, but range-bound trade and sideways technicals limit near-term price direction. Healthy ethanol margins support DDGS and corn grind demand.

## Read by commodity

- SBM: bullish ▲
- CORN: neutral
- DDGS: neutral
- BARGE: bullish ▲

## Sources

- grains.org: https://grains.org/ddgs_report/ddgs-weekly-market-report-december-16-2021/
- grains.org: https://grains.org/market_perspectives/market-perspectives-december-16-2021/

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