Corn prices, cents/bu last = 362.5 1w: +1 (0.3%)
2019202020212022
Consensus (median)409420422415
High466475463415
Low390390400415
Standard Deviation2430220
Count of Estimates9751
History
Forecast
[Positive]

It's expected that global ending stock will decrease by 3% at the end of 2019 and 2018/2019 stock-to-use will be at the level of 14.2% vs the 10-year average of 18.0%. At the same time it's projected that global consumption of corn will rise and production will be unchanged. So I expect deficit on the market, which will push corn prices up.