# Market Perspectives – December 14, 2023 - U.S. Grains & BioProducts Council

> Corn futures fell 6.25 cents, or 1.3%, in the week after the December WASDE. USDA raised US corn exports by 25 million bushels, reducing ending stocks to 2.131 billion bushels. Brazil's weather outlook also improved, and prices have traded sideways since the report.

- Date: 2023-12-14 · published 2023-12-14T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/9996-market-perspectives-december-14-2023-u-s-grains-and-bioproducts-council
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Improved Brazilian weather and large US carryout weigh on corn prices, though firm export demand and seasonal strength offer some support.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-12-13 | [Market Perspectives December 14, 2017 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/8426-market-perspectives-december-14-2017-u-s-grains-and-bioproducts-council.md) | +2.1% | +2.6% |
| CORN | 2018-12-13 | [Market Perspectives - December 13, 2018 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/61482-market-perspectives-december-13-2018-u-s-grains-and-bioproducts-council.md) | -0.1% | +1.1% |
| CORN | 2023-05-18 | [Market Perspectives – May 18, 2023 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/7839-market-perspectives-may-18-2023-u-s-grains-and-bioproducts-council.md) | +5.6% | +2.2% |
| CORN | 2024-09-26 | [Market Perspectives - September 26, 2024 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/28411-market-perspectives-september-26-2024-u-s-grains-and-bioproducts-council.md) | +2.5% | +0.4% |
| CORN | 2016-11-10 | [Market Perspectives November 10, 2016 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/12242-market-perspectives-november-10-2016-u-s-grains-and-bioproducts-council.md) | -3.7% | -1.2% |

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-december-14-2023/

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