Latest News From Corn

Corn prices came under pressure Tuesday. With July corn falling 37 cents to end the day to close at $6.20, the closing price on Monday marked a one-month low. 

China will strengthen price controls on iron ore, copper, corn and other major commodities in its 14th five-year plan for 2021 to 2025 to address abnormal fluctuations in prices, the state planner said on Tuesday.

A Mexican federal judge ruled against a request by the National Farm Council to freeze a government plan to ban genetically modified (GMO) corn and the widely used herbicide glyphosate by 2024.

Corn and soybean prices saw pressure on Monday as recent rains in the Midwest weighed on the market. Wheat futures also traded lower, falling to the lowest level in more than a month. 

China's appetite for new crop corn is now sitting in uncharted waters. China has committed to purchasing 321.2 million bushels, or 8.15 million metric tons, since May 10, and analysts say there are two main drivers.

Reuters reported POET is in talks with Flint Hills Resources to buy all its ethanol assets. The possible deal would increase POET's production capacity to up to 3 billion gallons a year.

As the extreme volatility and extended price limits played out in the markets this week, Joe Vaclavik of Standard Grain says the main issue traders are watching are possible changes to corn acreage this year.

China's corn buying spree continued Friday with a sale of 1.36 million metric tons (mmt). The announcement came on the heels of a week of consistent new crop sales.

The unexplained suspension of operations of a key Chinese agricultural data provider has left traders, analysts and brokers scrambling for other sources of information on one of the world's most important farm markets.

Dry weather and poorly timed planting are weighing on Brazil's second corn crop this year, reviving fears of another surge in feed prices like the one that battered big meatpackers after a 2016 drought.

USDA confirmed on Monday China purchased just over 1 million metric tons of new crop corn, but the country also canceled 280,000 metric tons of old crop corn. The buying spree signals tight supplies could continue.

The last seven days were busy with corn planting across the U.S.

Nearly 25% of the world’s crops are impacted by mycotoxins that if left unmitigated, can impact the entire food chain. Here's what you can do to fight from farm to field.

Chinese buyers bought 1.36 million tonnes of U.S. corn, matching their seventh biggest ever purchase of U.S. supplies of the grain, the U.S. Agriculture Department said on Friday.

Chicago Board of Trade corn futures extended a rally on Thursday above eight-year highs as dry weather threatened harvest yields in major exporter Brazil and kept the focus on ebbing global supplies.

Colder temperatures headed your way? Consider parking your planter for a few days. Worried you need to replant a field? Free tools available here to help you make the decision.

The Renewable Fuels Association (RFA) says China’s buying increased to 48.3 million gallons in March, which is the second largest monthly export total ever on record, just missing the high set in April 2016.

As old crop corn closed well above $7, and old crop soybeans well above $15, the market volatility was on center stage this week. But history shows the price highs for new crop corn and soybeans may not be in yet.

U.S. corn futures edged higher on Friday, as the grain was poised to post its biggest one-month gain in more than two years on global supply concerns.

Months of planning precede each planter pass on Joe Zumwalt’s farm. He knows his in-furrow program can set the stage for a healthy and high-yielding crop. 

Commodity prices continued to race higher on Thursday, with corn trading the limit higher. Soybeans and wheat also saw prices surge higher with double-digit moves.

Tuesday was another dynamic day in the grain markets. Soybean futures hit contract highs and nearby corn futures climbed above $6. Clinton Griffiths discovers what's behind the market moves.

Commodity prices jumped even higher to start the week, with May corn futures topping $6 again Tuesday. Farmers are reporting local elevators posting new crop corn bids over $5, as well. What's driving the momentum?

The U.S. Department of Agriculture's statistics division is conducting a "deep dive" review of how it conducts its quarterly U.S. grain stocks reports, an official said during an online conference on Wednesday.

Between 10% and 20% of yield potential can be lost, if you plant corn in unfavorable conditions.

Brazilian production of ethanol from corn rose 58% in the newly passed year as dozens of recently built plants in the country's grain heartland ramped up production.

A week after USDA released its bombshell Prospective Plantings report, USDA’s April WASDE also sparked some market momentum in corn, but seemed to disappoint for soybeans.

North Dakota just endured its driest September to March ever on record. On Thursday, Governor Doug Burgum declared a state of emergency due to drought. Farmers are now forced to make tough decisions, early.

A week ago, USDA issued an explosive Prospective Plantings report. Coming off such a large report, USDA's April WASDE report typically doesn't spark a wild reaction. However, one analyst thinks 2021 could be different. 

While gasoline demand saw pressure during the pandemic, Iowa had a big year for E-15 sales. The Iowa Department of Revenue reported the sale of E-15 jumped 24-percent last year, which set a new record in the state. 

Do more per planter pass this spring

USDA issued its first weekly Crop Progress report of the year Monday. USDA's NASS showed winter wheat conditions are in line with trade expectations, as well as where the 2021 planting season has already started.

Compaction layers you create now could take a huge yield bite out of your 2022 corn crop.

As cover crops make their way on to more acres, dealing with that new planting environment brings its own challenges.

To win the furrow this planting season means making sure plants have all the nutrition they need early. There are plenty of options for farmers to consider during the planter pass.

Getting plants up and running is important to a successful growing season. To do that many farmers are using well-placed fertility to Win the Furrow.

Archer Daniels Midland said on Thursday it would restart ethanol production at two of its U.S. corn dry mills this year, as the grains trader expects demand for the biofuel to rebound from a pandemic-led slump.

Digestibility of corn silage can be impacted by many factors including genetics, fertility, growing conditions and spacing.

When David Monk, 78, lost the best yielding corn of his life to fire, he took the loss on the chin and remained a farmer grateful for his community.

Contributing factors include continuous corn, late-maturing hybrids, delayed and/or replanted fields, weedy fields and borders, and soybeans with significant volunteer corn.

It’s here. That unusual sense of quiet tranquility right before all hell breaks loose. It’s the calm before the storm, and it’s starting to stir up tension on our family’s farm.

Planting a crop isn't just dropping seed in the ground and hoping for record results. In order to "Win the Furrow," it starts with uniform germination and emergence.

Corn needs N throughout the growing season. Plan now to make sure your crop is never lacking in it.

It’s not just the record prevent plant acres in North Dakota last year that will come into play in 2020, fall field work in 2020 also saw a record. And current seed sales show more corn acres in 2021.

The Energy Information Administration said on Thursday it will expand biofuels data in its monthly report to account for the growth in U.S. production of renewable fuels.

While the market may look to bid for acres, Farm Journal Field Agronomist Ken Ferrie says some farmers are switching crop rotations—but their decision isn’t necessarily based on the futures price.

Some of those annual limiting factors can be addressed in-furrow via the planter.

Last week, China had its largest weekly buy of corn since January. But with a possible improving weather scenario in South America, is the top of the market in? Joe Vaclavik and Matt Bennett weigh in.

On Thursday, the market closed lower, but prices made a comeback Friday. Joe Vaclavik says despite the trade’s reaction after the purchase were confirmed, this week's buys create an even better story for corn demand.

The same week U.S., Chinese officials will meet for the first time under the Biden Administration, China made two big corn purchases. Arlan Suderman of StoneX says while it may seem coincidental, the demand is real.