Sep 19, 2014
Home | Tools| Events| Blogs| Discussions Sign UpLogin

AgDay Blog

Current Marketing Thoughts

RSS By: Kevin Van Trump,

Kevin Van Trump has over 20 years of experience in the grain and livestock industry.

A Key ingredient to corn "demand" is missing

Jun 05, 2014

 We are seeing both Argentine and Ukraine corn being  offered $0.20 to $0.25 cents cheaper than US corn and we are hearing more and more talk that US exporters are going to start losing out to South America and Ukraine in the months ahead...specifically during the months of Sept, Oct and Nov.

Color corn

Keep in mind the one saving grace for the corn market has been the huge increase in overall "demand."  You take away the bullish "demand" card or at least start to place some doubt in regard to its trumping abilities,
royal flush
leaving the trade to digest 91-92 million corn acres with near optimal growing conditions (at least for the time being) and it becomes very difficult to sustain or mount much of a real rally. 
With this in mind, don't be surprised if painfully grind lower for a period of time. 

Log In or Sign Up to comment


No comments have been posted, be the first one to comment.


Market Data provided by
Enter Zip Code below to view live local results:
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by|Site Map|Privacy Policy|Terms & Conditions