Predicted Record Crop Hurts Corn Farmers

Predicted record crop hurts corn farmers

USDA predicted on Tuesday that corn farmers would see a record crop this year. Over 1.5 billion bushels more than the previous record. But this enormous supply is not benefiting corn farmers. The demand for corn has not been able to catch up, which has caused the price of corn to plummet. It now sits at $3.90 a bushel, back to the price between 2016 and 2018, according to Chad Hart, an economics professor at Iowa State. Low prices, in this case,…

USDA Forecasts Record Corn Crop at 16.7B Bushels

USDA released its August Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports on Tuesday.

Large US Corn Crop Could Drop CZ to 3.40

MORNING AG OUTLOOK   Grains are higher. No confirmation yet of Trump tweet on China... The post Large US Corn Crop Could Drop CZ to 3.40 appeared first on ADMISI.

Large US Corn Crop Could Drop CZ to 3.40 - ADM Investor Services

MORNING AG OUTLOOK   Grains are higher. No confirmation yet of Trump tweet on China... The post Large US Corn Crop Could Drop CZ to 3.40 appeared first on ADM Investor Services.

Tariff Tensions, USDA Demand Doubts Add Pressure to Grain Markets

DepositPhotos image As global trade tensions escalate and domestic policy deadlines loom, grain markets are feeling the pressure. Beyond the latest USDA crop production numbers, key questions remain about how the agency will handle world demand estimates, especially amid ongoing tariff battles. “Beyond the crop production numbers, there remains a lot of questions regarding how USDA will handle world demand estimates, with many tariff issues stil…