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Randy Martinson with Martinson Ag says the wheat market is adding risk premium tied to weather and global production and geopolitical concerns and could continue to pull corn higher.
With one survey showing 48% of Midwest corn and soybean growers are unable to afford traditional fertilizer sources, Extension and industry are responding with nutrient options that can lend support.
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Lane Akre, economist with Pro Farmer, says says the wheat market could take out the March highs and help pull corn higher. He thinks markets are trading global production concerns.
Record corn yields have risen 10x in 100 years. David Hula says continued genetic gains, along with a deeper understanding of what’s happening underground, could push yield potential far beyond what most farmers expect.