Articles tagged under: corn
Major Acreage Battle Expected for Spring
Published February 24, 2021
Grain traders are preparing for a major acreage battle this spring. BOLT Marketing market analyst DuWayne Bosse says all of the commodities are looking for more acres. "That's why the new crop prices are gaining on the old crop prices.…Brazil Harvest Delays Push Second Crop Corn Planting
Published February 24, 2021
Farmers in northern Brazil are struggling with wet weather and deteriorating crop conditions as harvest lags. Brazilian agriculture consultant Kory Melby says getting the second crop corn planted is a priority. "That is more worrisome than the soybeans, because the…Acreage Decisions Can Still Change Between Now and Spring
Published February 24, 2021
During the USDA’s Ag Outlook Forum, the agency estimated an increase in corn and soybean acres for 2021. Total Farm Marketing Senior Market Advisor Naomi Blohm says a lot can change between now and spring. "Wheat is also an unknown…Ag Outlook Forum Numbers Drive Friday’s Grain Markets
Published February 19, 2021
Diversified Services market analyst Sterling Smith thinks there could be more soybean acres than the 90 million estimated by USDA. "If you look at where input costs have gone, farmers may switch to soybeans." Smith says the corn numbers from…USDA Predicts Bigger U.S. Corn Crop
Published February 19, 2021
In the latest USDA Grain and Oilseed Outlook, the agency is expecting U.S. corn ending stocks at the end of the current marketing year at 1.5 billion bushels. The new crop corn production is based on 92 million acres and…U.S. Acreage and China Demand Highlighted in Ag Outlook Forum
Published February 19, 2021
Exports, acreage and the farm income forecast dominated the opening session of USDA’s Ag Outlook Forum. USDA Chief Economist Seth Meyer anticipates China demand to remain strong in the next year. "Outstanding sales, what we have on the books for…CONAB Boosts Brazil Corn and Soybean Production
Published February 15, 2021
Brazil’s crop supply agency CONAB raised its soybean and corn production estimates in the February crop report. CONAB expects Brazil’s farmers to produce a record 133.8 million metric tons of soybeans and near record 102 million tons of corn this…Wheat and Corn Basis Widens in Northern Plains
Published February 11, 2021
Basis bids at the six regional grain elevators followed by the Red River Farm Network had few minor changes compared to the previous week. Wheat basis firmed by five cents at Minot, North Dakota and widened by seven cents at…A Boost in Global Corn Ending Stocks, Soy Ending Stocks Lower
Published February 10, 2021
The February USDA World Agricultural Supply and Demand Estimate report had USDA raising world corn ending stocks 2.7 million tonnes from January to 286.5 million tonnes, reflecting increasing stocks in China, South Africa and Mexico partially offsetting decreases in Argentina…