Corn
Darin Newsom, senior market analyst with Barchart, says it is not unexpected to see a little profit taking moving into the end of the month. However, he thinks any breaks will be bought by the trend following funds.
Jim McCormick with AgMarket.Net says the market saw massive fund buying and short covering adding war or geopolitical premium.
DuWayne Bosse of Bolt Marketing says funds are buying in corn on technical signals and concerns about a tightening U.S. and global balance sheet for corn.
Darren Frye with Water Street Solutions says the funds bought corn on the break with crop ratings down 3% and made a new contract high close. Can futures keep moving to $6 or where do they project to?
Yield champions Randy Dowdy and David Hula saw hybrid performance differ significantly this season in the same fields under the same management practices. Their evaluation process went beyond yield and can help corn growers working on their seed decisions for 2027.
Randy Martinson with Martinson Ag says the corn market saw new contract highs on Monday. Tuesday morning it looked like funds were back in buying the break.
Alan Brugler of A&N Economics says corn made new contract highs Sunday night but if it was trading the 173.2 bu. per acre corn yield from Pro Farmer prices would be much higher.
Brad Kooima of Kooima Kooima Varilek says the placements were 11% below last year and a bullish surprise for him and the trade. However, the President’s beef plan it stifling the recovery.
Saturated soils and high winds have downed corn and sparked disease risks for it and soybeans. Here is how to adjust your harvest equipment and strategy now to save yield.
Pro Farmer Crop Tour scouts discovered a corn crop that didn’t live up to expectations, with Pro Farmer pegging the national yield at 173.2 bu. per acre, well below USDA’s 180.7 current estimate.