Articles tagged under: corn
Dry Conditions in Brazil Impacting Safrinha Corn Crop
Published April 30, 2021
According to Soybean and Corn Advisor President Michael Cordonnier, some areas of Brazil’s second crop corn have enough moisture for pollination, but the majority is dry. "I think the rainy season is over. Every week now that it stays dry,…Dry Conditions Support Grain Prices
Published April 30, 2021
Standard Grain President Joe Vaclavik expects quick planting progress, but dry soil conditions are supporting prices. "U.S. weather looks wide open for another week. Most of the Corn Belt won't see more than one inch of rain in the next…Grain Markets Still Securing Acres
Published April 26, 2021
The grain markets are trying to secure acres. Utterback Marketing President Bob Utterback says what’s different from other years is the weather premium is in the market before the crop is planted. "This is the first time we've had this…Ethanol Plant Basis Levels Remain Strong
Published April 22, 2021
Basis levels at ethanol plants across the Northern Plains remain strong. Green Plains Energy – Ottertail at Fergus Falls, Minnesota is five cents over the May futures for April and May delivery. Hankinson Renewable Energy at Hankinson, North Dakota is…China Seeking Alternatives to Corn and Soybean Meal
Published April 21, 2021
The world’s top buyer of corn and soybeans is responding to tight global supplies and higher prices. The Chinese agriculture ministry is promoting cheaper feed alternatives than corn and soybean meal. New guidelines for feed manufacturers recommend the use of…Take Advantage of Good Basis Levels
Published April 19, 2021
Corn and soybean prices are supported by good demand. Progressive Ag Marketing market analyst Brian Strommen encourages farmers to take advantage of the strong basis levels. "Selling the cash if you have that offer on the table and if you're…Ethanol Industry Competes for Corn
Published April 17, 2021
Due to tight supplies, ethanol plants are competing more than usual for corn. Renewable Fuels Association Chief Economist Scott Richman is hopeful for adequate corn planting conditions and decent weather to replenish supply. Richman also said ethanol prices had been…Corn Basis Strengthens As Supplies Tighten in Northern Plains
Published April 16, 2021
Basis levels for nearby corn delivery are strengthening as corn supplies tighten. Van Ahn and Company market analyst Kristi Van Ahn says the PNW market is forcing ethanol plants to compete for corn. "We used to see ethanol plants be…Soybeans Try to Keep Pace with the Corn Market
Published April 14, 2021
Martinson Ag Risk Management President Randy Martinson thinks soybeans are trying to keep pace with the corn market. "Even though we've had good export sales, I think the corn market is trying to hold acres and it looks like corn…