Articles tagged under: corn
Market Influenced by Weather and Global Tension
Published January 24, 2022
South American weather remains a major driver of the corn and soybean markets. Progressive Ag Marketing market analyst Bryan Strommen says the recent rains in the southern parts of Brazil and Argentina were welcome "but there's also a lot of…Traders Await the South American Export Demand Shift
Published January 23, 2022
South America received good rains in mid-January, alleviating late season production concerns. Along with the weather, StoneX Group market analyst Phillip Claussen says traders are monitoring export demand. "Like most years in January or February, there's an eye on South…Market Analysts Not Expecting Major Shift Away from Corn
Published January 15, 2022
Corn continues to fight for acres ahead of spring planting. Summit Commodities market analyst Tom Pfitzenmaier does not think the U.S. will see a major acreage switch from corn to soybeans this year because of the higher fertilizer prices. "I…ND Corn, Soybean and Canola Harvested Acreage is Record Large
Published January 13, 2022
North Dakota farmers harvested a record high 3.6 million acres of corn, up 104 percent from 2020. The average yield was 105 bushels per acre, down 34 bushels from last year. North Dakota soybean harvested acreage was also record large…MN Crop Recap
Published January 13, 2022
In Minnesota, USDA estimated corn yields at 178 bushels per acre. That’s down from 191 bushels per acre in 2020. Soybeans averaged 47 bushels, down three bushels from one year ago. Sugarbeet growers averaged 31 tons per acre, up nearly…SD Yields Decline
Published January 13, 2022
South Dakota’s corn crop averaged 135 bushels per acre this past year, down 27 bushels from last year. Soybeans were estimated at 40 bushels per acre, down six bushels from 2020. Oil sunflower yields were at 1,600 pounds; non-oil sunflowers…USDA Lowers South American Production Estimates
Published January 12, 2022
Due to the lingering drought conditions, USDA lowered South America's corn production. Brazilian corn production dropped from 118 million metric tons to 115 million metric tons. Argentina’s corn production is now at 54 million metric tons. USDA reduced Brazil’s soybean…More U.S. Corn and Soybeans in Storage, Less Wheat
Published January 12, 2022
USDA made minor changes in the Quarterly Grain Stocks Report. U.S. corn stockpiles as of December 1 are estimated at 11.6 billion bushels, up from 11.3 billion one year ago. Soybean stocks are at 3.15 billion bushels, up from 2.95…More Corn Acres Possible
Published January 3, 2022
Brock and Associates President Richard Brock says mid-February will be a crucial time for corn. "That will determine revenue crop insurance. If prices are as high as they are right now, I know many people disagree, but I think corn…