Corn Commodity Markets, Prices & Futures
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Latest News From Corn Markets
AgDay TV Markets Now: Jim McCormick, AgMarket.Net says corn and soybeans markets are determining yield from crop tour to harvest.
First thing Tuesday, Pro Farmer Tour scouts saw Nebraska irrigated corn with 208 to 250 bu. yields. But a lot could change as they head into dryland corn. In the eastern Corn Belt, scouts are evaluating Indiana crops.
A heat dome will consume the Plains and Mississippi Valley into the South this week with “oppressive and dangerous conditions” expected at least through midweek, the National Weather Service reported early Monday.
AgDay TV Markets Now: Scott Varilek with Kooima Kooima Varilek says the Cattle on Feed confirmed continued tight supplies and could lead to record prices in 4Q.
Out of the gate this morning, scouts saw a high of 208 bu/A for corn and a low of 92 bu/A. In the West, the initial report is positive for South Dakota with “better than last year” the key phrase scouts are repeating.
As scouts set out on the the 2023 Pro Farmer Crop Tour, Iowa will be closely watched as it’s the only state where Crop Tour covers all the state’s counties. Brian Grete says Iowa has a lot of question marks this year.
Corn growers in 13 states have confirmed tar spot outbreaks now. Iowa leads the pack with the disease reported in at least 36 counties. Indiana is a close second. “It’s starting to explode,” one agronomist says.
The shock front-runner in Argentina’s presidential election, libertarian Javier Milei, would strip out state intervention from the giant farming industry to unleash an export boom.
Row crops post higher weekly closes and could be confirming a short-term low as the market continues to determine yield.
AgDay TV Markets Now: Bryan Doherty says corn and beans post higher weekly closes and may pause until more is known about hot this weather impacted yield.