$5 Corn Not Likely in 2019

January 22, 2019 07:53 AM

The world carryout situation in corn is fairly tight when you compare it to other crops. Three U.S. Farm Report analysts said during the Top Producer Summit that despite tighter stocks and USDA possibly lowering the 2018 national corn yield in its next report, the factors may not be enough to push corn to $5 in 2019. 

Hear from Matt Bennett of Bennett Consulting, Naomi Blohm of Stewart-Peterson and Pete Meyer of S&P Global Platts. 

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Spell Check

Hutchinson, KS
1/23/2019 08:09 PM

  Are you saying we need a set aside program? www.afairmarketprice.com

Terry Meyer
Madison, WI
2/3/2019 05:35 AM

  Continuous corn....looking at soybean

Montfort, WI
1/23/2019 08:13 AM

  I would tend to agree Dave. It will take a production hickup to get to $5 but we have had 6 years in a row of trendline yields so we are due in the next year or 2 of a weather problem developing. With historically low ending stocks any production shortfall could quickly get us there. To say it's not going to happen is a bit short sighted.


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