Articles tagged under: corn
No Big Acreage Changes Forecast for USDA Report
Published June 21, 2019
Cornbelt Marketing market analyst Sam Hudson is not looking for a large change in the USDA acreage number in the upcoming report. "I think farmers did what they could to max out their base corn acres and if we're going…Regional Basis Notes Few Changes
Published June 19, 2019
Cash basis bids at the six grain elevators followed by the Red River Farm Network saw few changes in the past week. Spring wheat basis at Ulen and Warren, Minnesota widened 10 to 15 cents. The corn basis was mixed,…Spotty Planting Across Indiana
Published June 18, 2019
Layfayette, Indiana farmer Alan Kemper has most of his corn and soybeans planted. "My farm is the exception, however. It's extremely spotty." Other farmers in the area are enrolling in prevented planting. It is a rare occurance for those farmers.…Propane Prices Could Increase This Fall
Published June 18, 2019
With late planting, the demand for crop drying will likely increase this fall. According to North Dakota State University Extension bioenergy economics specialist David Ripplinger, farmers may want to pre-price propane or buy and take delivery now. "In North Dakota,…Utterback Friendly to Corn, Soybean Market Potential
Published June 13, 2019
Utterback Marketing President Bob Utterback remains friendly to the corn market, even though it was the soybean market pulling the corn higher this week. "USDA did throw us a surprising gift with the significant reduction in corn yield. It's out…Regional Basis Keeps Steady
Published June 12, 2019
Basis bids for the six grain elevators followed by the Red River Farm Network remained mostly unchanged from the past week. Warren, Minnesota had an eight-cent improvement in spring wheat basis to 50 cents under the July contract. The corn…USDA Lowers U.S. Corn Acres and Yield in Latest Report
Published June 11, 2019
USDA reduced U.S. corn acreage by three million acres and lowered corn yield to 166 bushels/acre in its latest report. Commodity Risk Management Group market analyst Mike North explains the significance of the corn yield and acreage shift. "This confirms…Corn Production Expected to Decline for 2019/20
Published June 11, 2019
According the USDA supply/demand report, U.S. corn production for 2019-2020 is expected to decline 1.4 billion bushels. That would bring production to 13.7 billion bushels, which compares to a pre-report estimate of 14.2 billion bushels. Unprecedented planting delays will be…SD Farmers Still Working Hard to Get a Crop In
Published June 10, 2019
South Dakota State University Extension State Climatologist Laura Edwards says the northern part of South Dakota had drier conditions in the last week. The corn is variable. "Corn is finally emerging from the fields that were planted weeks ago. Now,…