Corn Commodity Markets, Prices & Futures
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Latest News From Corn Markets
Exports in the first 10 months of the year reached 329,000 tons, almost triple what they were for all of 2024.
Because every growing season is unique, agronomists are encouraging corn growers to make a management plan for the “driver diseases” they’re most likely to encounter in fields next year.
Dave Chatterton with Strategic Farm Marketing says the soybean market is tired of rhetoric and wants to see results in the form of sales to China.
Brad Kooima with Kooima Kooima Varilek says cattle were limit down early Monday on news that Tyson Foods will be closing its Lexington, Neb. beef processing plant on Jan. 20 and the Amarillo, Texas plant will go down to one shift.
Gulke says after a reversal, he’s watching short-term technical indicators to determine if the corn market is going to continue to go lower.“
Chip Nellinger with Blue Reef Agri-Marketing says the soybean market has corrected its overbought status with the profit taking by the funds so the selling pressure may be over.
Scott Varilek with Kooima Kooima Varilek says the market had been anticipating the tariffs to be lowered on Brazil beef for several days and it was part of the recent selloff in cattle. “So I think a lot of this was already penciled into prices.” he explains.
Jim McCormick with AgMarket.Net says soybeans continue to sell off though as this business has already been priced into the market with the nearly $1.50 rally off the lows.
In many areas of the Corn Belt, farmers experienced 10-to-50-bu.-per-acre yield losses from disease pressure this year, says Ken Ferrie. In a period of tight margins, timely treatment decisions were more crucial than usual.
Grains futures saw sharp losses on Wednesday on profit taking according to Rich Nelson with Allendale, Inc. However, there were several other factors at play.