Corn Commodity Markets, Prices & Futures
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Latest News From Corn Markets
Even with no big shocks to the markets in USDA’s major reports this week, there are a few takeaways from the reports that could provide perspective and insight on future crops and how traders react to weather concerns.
The report found nitrogen accounts for more than 50% of fertilizer costs for a corn producer at $117 per acre.
It’s time for a reality check on 2021-crop corn, soybeans and wheat. If you haven’t locked in prices (and record returns on investment for many), why haven’t you?
LanzaJet announced Microsoft is investing $50 million in its sustainable aviation fuel biorefinery in Georgia to produce jet fuel next year.
La Niña conditions are likely to continue during the Northern Hemisphere spring.
March SRW wheat futures fell 11 cents to $7.46 3/4, the lowest close in a week. March HRW futures fell 18 1/4 cents to $7.59 1/4, the lowest closing price since $7.54 on Oct. 21.
Dryness in South America prompted USDA to cut production estimates for key countries, such as Brazil, Argentina.
Economists at Texas A&M University recently completed two studies on impacts of surging fertilizer prices for farms.