# Market Perspectives - March 21, 2019 - U.S. Grains & BioProducts Council

> May corn futures rose 3 cents on the week as the market rebounded from a selloff. USDA export sales of 855 KMT beat expectations, and Midwest flooding and a cold, wet pattern raised the likelihood of delayed planting.

- Date: 2019-03-21 · published 2019-03-21T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/9641-market-perspectives-march-21-2019-u-s-grains-and-bioproducts-council
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Late planting could shift acres from corn to soybeans and tighten corn ending stocks, supporting corn prices into next year.

## Read by commodity

- CORN: bullish ▲
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-03-04 | [Market Perspectives – March 4, 2021 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/8636-market-perspectives-march-4-2021-u-s-grains-and-bioproducts-council.md) | +3.9% | +7.2% |
| CORN | 2019-05-23 | [Market Perspectives - May 23, 2019 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/12128-market-perspectives-may-23-2019-u-s-grains-and-bioproducts-council.md) | +3.7% | +7.9% |
| CORN | 2018-05-24 | [Market Perspectives - May 24, 2018 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/10841-market-perspectives-may-24-2018-u-s-grains-and-bioproducts-council.md) | -2.0% | -9.0% |
| CORN | 2018-07-19 | [Market Perspectives - July 19, 2018 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/6569-market-perspectives-july-19-2018-u-s-grains-and-bioproducts-council.md) | -1.3% | -0.2% |
| CORN | 2021-04-22 | [Market Perspectives – April 22, 2021 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/9400-market-perspectives-april-22-2021-u-s-grains-and-bioproducts-council.md) | +11.6% | +9.8% |

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-march-21-2019/
- grains.org: https://grains.org/market_perspectives/market-perspectives-march-21-2019/7/

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