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Smaller Corn Crops Mean Higher Prices Are in Store - Vimarsana News

Smaller Corn Crops Mean Higher Prices Are in Store

By Simon Constable Order Reprints Print Article U.S. corn inventory at the end of the 2020-21 growing season will be 1.3 billion bushels, far lower than the 1.7-billion-bushel level expected Nicolas Tucat/AFP via Getty Images Text size A drop in corn production will result in reduced supplies of the grain, propelling prices higher over the next few months, experts say. U.S. corn inventory at the end of the 2020-21 growing season will be 1.3 billion bushels, far lower than the 1.7-billion-bushel level expected by the U.S. Department of Agriculture, says Shawn ...

Bad Weather Could Hurt Soybean Crops, Lifting Prices - Vimarsana News

Bad Weather Could Hurt Soybean Crops, Lifting Prices

By Simon Constable Order Reprints Print Article A combine being used to harvest the corn in a field at the Hansen Family Farms in 2019 in Baxter, Iowa. Joe Raedle/Getty Images Text size Recent unseasonably dry weather in South America, and worries that the lack of moisture will continue, could propel soybean prices more than 40% higher in the first quarter of 2021.  “South America is a little too dry and uncomfortably dry,” says Sal Gilbertie, founder and CEO of commodity exchange-traded fund company Teucrium Trading. “We could have a serious lowering of...