The corn market is at a crossroads, analyst says
The stage is set for a price rally, as dry conditions continue to be a major concern in most of the Midwest and an emphasis in the western and northern regions.
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The stage is set for a price rally, as dry conditions continue to be a major concern in most of the Midwest and an emphasis in the western and northern regions.
Cover your cash sales with tools that allow you to participate. By 4/23/2021 Here is an interesting question. When can you afford not to sell? Say what? When can I afford not to sell? Most might answer that question with an “I don’t know.” The answer is probably when you cannot live with yourself for bypassing prices you know you should take. Your instinct to make a marketing decision is probably correct, yet sometimes not be easy to execute. Often emotion and other outside influences come into play. This is especially true in a year like we are currently experi...
iStock: simazoran The rally in December corn and November soybean prices throughout February had December corn futures averaging $4.58 and November soybeans $11.87, some of the highest levels in recent history. These average futures prices are what the crop insurance industry uses to establish revenue coverage. Depending on the level of insurance purchased, you will establish a revenue guarantee per acre. That revenue guarantee is a function of production history and the average February futures price, also known as the “spring price.” Crop insurance sets the tone for guarantee...
The March 9 USDA Supply and Demand report came and went. Little to no changes came from the balance tables for corn, wheat and soybeans, and markets tumbled on the
By all accounts, the March Supply and Demand report was a dud. Do not expect the same in the future.