Corn Commodity Markets, Prices & Futures
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Latest News From Corn Markets
It’s a tale of two extremes this year. Some farmers report they can’t find soil moisture to plant into, while others are struggling just to get into their fields. Agronomist Ken Ferrie weighs in on both scenarios.
Along with too much moisture, high numbers of corn flea beetles are posing an early-season concern. Ferrie advises checking your Stewart’s wilt bacteria rating on hybrids. There’s no treatment option for infected corn.
Chip Nellinger, Blue Reef Agri-Marketing, says it was a true money flow or “Get Me Out” day Friday. While it caused a short covering rally in grains, he’s not sure it can be sustained.
Commodity and financial markets saw another volatile week. What’s triggering it? Jerry Gulke, president of the Gulke Group points to a couple possible clues.
Grains sharply higher Friday, as livestock, financial markets and many other commodities melt down. It was a money flow or “Get Me Out” day says Chip Nellinger, Blue Reef Agri-Marketing.
House Ag Democrats are facing internal tension and uncertainty as they struggle to formulate a response to the GOP’s farm bill proposal.
One of the biggest benefits from waiting to plant corn until conditions are ideal, is the crop emerges more uniformly and forms those picket-fence stands that deliver huge yields, says Agronomist Missy Bauer.
According to analysts at FarmDoc, Brazil could increase its crop area by 35%, adding approximately 70 million acres of cropland.
John Heinberg, Total Farm Marketing says USDA is slow playing it because the last two years they’ve ended up having to raise South American production after making cuts and they don’t want to do that again.
Grains end lower after a disappointing WASDE particularly South American numbers. John Heinberg, Total Farm Marketing, says corn and soybeans did technical damage opening the door for more fund selling.