Pro Farmer Analysis
From Pro Farmer’s First Thing Today, these are some of the stories we are watching on Thursday, March 4.
From Pro Farmer’s First Thing Today, these are some of the stories we are watching on Wednesday, March 3.
Crop Consultant Dr. Michael Cordonnier cut his corn yield forecast . . .
The Brazilian government believes it is possible to increase grain plantings 5% per year for several years without deforestation, Agriculture Minister Carlos Favaro told Reuters.
Corn futures rose for the fifth straight day and settled at the highest levels in over seven months on strengthening export demand.
Corn futures settled near a two-week low on profit-taking and technical selling in the wake of the early-week rally to nine-month highs.
May corn futures plunged 34 1/2 cents to $6.55 3/4, the lowest closing price since Feb. 18 but still up 3 cents for the week. December futures fell 25 cents to $5.79 3/4.
FarmDoc used USDA’s crop condition ratings in the top 18 production states to predict yield and production.