The USDA supply/demand report delivered a little strength into the corn market. Total Farm Marketing Market Analyst John Heinberg focused on the lower harvested corn acres. “That was the area we saw the surprise as the USDA took harvest corn acres down 1.6 million acres.” Heinberg says a short run-up of corn prices could prove to be profitable for farmers looking to sell. “It might push this market a little bit higher, providing farmers the opportunity to get some sales in over the next few weeks. We still have a big South American and Brazilian crop that may come into play later this some and that could weigh on prices.”
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