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Tag "corn prices"

Corn Market: How Does Weather Affect Prices Over Time?

Corn Market: How Does Weather Affect Prices Over Time?

👤By Scott Irwin, Darrel Good, and Todd Hubbs, University of Illinois 🕔Jun 15, 2017

In the farmdoc daily article of June 7, 2017, we examined the long-term pattern of corn prices during the era spanning from 1973 through November 2006 and the new era that began in December 2006. We concluded that: there is

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Corn Prices Try to Climb for the Third Summer in a Row – DTN

Corn Prices Try to Climb for the Third Summer in a Row – DTN

👤By Todd Hultman DTN Analyst 🕔Jun 15, 2017

The old saying “Fool me once shame on you; fool me twice shame on me” comes to mind when pondering corn as we again see prices trying to move higher for the third summer in three years. The first two

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Feed Grain Outlook: Projected U.S. Corn Price Lowered, Global Coarse Grain Production Down

Feed Grain Outlook: Projected U.S. Corn Price Lowered, Global Coarse Grain Production Down

👤From USDA 🕔Jun 13, 2017

The season-average price of corn is lowered $0.05 per bushel to $3.35 for the 2016/17 crop. Sorghum use for 2016/17 is lowered 5 million bushels on lower projected sorghum used for ethanol. The season-average price for barley in 2017/18 is

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Grain Markets: Slight Changes to USDA WASDE Report in June

Grain Markets: Slight Changes to USDA WASDE Report in June

👤By Todd Hubbs, University of Illinois 🕔Jun 12, 2017

The USDA’s June WASDE report of world supply and consumption projections contained a number of changes from the May report for corn and soybeans. The bulk of the changes related to world production estimates in the 2016-17 crop year. The

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WASDE Coarse Grains: U.S. Corn Production Unchanged; Sorghum Stocks Raised

WASDE Coarse Grains: U.S. Corn Production Unchanged; Sorghum Stocks Raised

👤From USDA 🕔Jun 9, 2017

The 2017/18 outlook for U.S. feed grain supplies is virtually unchanged this month as an increase in sorghum beginning stocks is largely offset by reductions for barley and oats. Projected corn production for 2017/18 is unchanged at 14,065 million bushels.

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Grain Markets: Are There Predictable Crop Price Cycles?

Grain Markets: Are There Predictable Crop Price Cycles?

👤By Darrel Good, Todd Hubbs, and Scott Irwin, University of Illinois, farmdocDaily 🕔Jun 8, 2017

The downturn in crop prices that began in mid- to late-2014 and continues today has led to declining farm income and downward pressure on farmland values and rents. The financial condition of many farms has worsened as a result. In

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Grain Markets: Summer Pricing for Corn and Soybeans

Grain Markets: Summer Pricing for Corn and Soybeans

👤By Todd Hubbs, University of Illinois 🕔May 22, 2017

Recent corn and soybean price declines associated with the political situation in Brazil erased the slight gains since the release of the March 31 Prospective Planting report. The sudden drop gives an indication of the fragility of the current soybean

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Feed Grain Outlook: 1st Forecast for 2017/18 Lowers Corn Supply and Use

Feed Grain Outlook: 1st Forecast for 2017/18 Lowers Corn Supply and Use

👤From USDA 🕔May 15, 2017

Total U.S. corn supply for 2017/18 is projected at 16.4 billion bushels, compared with 16.9 billion in 2016/17.  Corn acreage is projected at 90.0 acres, down 4 million from last year.   Corn food, seed, and industrial (FSI) use in

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Grain Markets: 2017-18 Prospects for Corn and Soybeans

Grain Markets: 2017-18 Prospects for Corn and Soybeans

👤By Todd Hubbs, University of Illinois 🕔May 15, 2017

In the May 10 WASDE report, the USDA released the first projections for U.S. corn and soybean supply and demand in the 2017-18 marketing year. While the projections on crop production received quite a bit of the focus, the projections

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Corn Market: Current Price Factors for 2017

Corn Market: Current Price Factors for 2017

👤By Todd Hubbs, University of Illinois 🕔Apr 24, 2017

July corn futures price closed, over the past week, at the low end of the price range between $3.60- $3.80 that it has moved around in since early March. Lower corn prices appear to reflect mixed expectations regarding demand factors

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