Corn Commodity Markets, Prices & Futures
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Latest News From Corn Markets
In some instances, the speed of the combine and the speed of the header in combination are resulting in too much corn going out the back of the machine.
The concept of “goal-based marketing” is easy to understand. The strategy links the sale of crops or livestock to a goal for your business.
Every story has a beginning and an ending. The soybean story began in August 2020 after two years of a sideways base-building affair.
Harvesting and storing high-moisture corn can help producers get a jump on harvest; avoid drying costs; and put up a highly palatable, digestible, nutritious feedstuff.
It will take significant N bookings at higher prices or excess natural gas supplies to relight fires at fertilizer plants – and neither seems likely until summer 2022.
There doesn’t appear to be much price relief on the horizon. Product availability could be limited as well, based on what China and Europe are experiencing.
Despite slowdowns in the export sales picture, actual exports are still running 26% ahead of the same time period last year, and with higher commodity prices, bulk export values are up 60%. USDA says that’s led by corn.
Ahead of USDA’s October reports next week, debate continued on just how big of a U.S. corn crop is being harvested right now. University of Illinois economists weighed in during the U.S. Farm Report College Roadshow.
Bayer is evaluating its legal options after Mexican health regulators for the first time rejected a GMO corn permit it was seeking, blasting the decision as “unscientific.”
On Tuesday, Oct. 12, USDA will release its monthly Crop Production and World Agricultural Supply and Demand Estimates. Gulke Group’s Jamie Wasemiller will be watching several factors in that round of report.