The corn market started out 2024 with the highest prices of the calendar year in late January. “That’s extremely rare,” said Brian Basting, economist, Advance Trading. “I can only think of one other time that may have happened in my career stretching back nearly 40 years.” Heading into the New Year, Basting sees an interesting market dynamic. “We’re the primary shop in the world for corn; if you want corn you’re coming to the U.S.” Basting believes USDA could nudge corn exports upward in the upcoming crop reports. In a year-end YouTube interview with the Red River Farm Network, Basting discusses grain markets, the outside markets and a very strong cattle market. “I’m excited about 2025; there’s a lot to be looking forward to in 2025.” Click here for the link to the interview.
