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Tag "corn prices"

Corn, 2018: Expect an Average Loss of $115.33 Per Planted Acre – Commentary

Corn, 2018: Expect an Average Loss of $115.33 Per Planted Acre – Commentary

👤By Harwood D. Schaffer and Daryll E. Ray, Agricultural Policy Analysis Center 🕔Jan 17, 2018

As a new year begins, we are going to take the time to look at the profitability of the major crops produced by US farmers, in part because their financial situation will affect both the type and the cost of

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Grain Markets: USDA Reports Provided Some Surprises

Grain Markets: USDA Reports Provided Some Surprises

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Jan 16, 2018

The USDA released a set of reports on January 12 containing information with implications for corn and soybean prices in 2018. The National Agricultural Statistics Service (NASS) released the final estimates of the 2017 U.S. corn and soybean crops and

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WASDE Coarse Grains: Larger U.S. Corn Production, Decreased Demand

WASDE Coarse Grains: Larger U.S. Corn Production, Decreased Demand

👤From USDA 🕔Jan 12, 2018

This month’s 2017/18 U.S. corn outlook is for larger production, increased food, seed, and industrial use (FSI), lower feed and residual use, and greater stocks. Corn production is estimated at 14.604 billion bushels, up 26 million from last month as

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DTN’s Top Stories: #10 – Financial Struggles of Boersen Farms Affected by Corn Slump

DTN’s Top Stories: #10 – Financial Struggles of Boersen Farms Affected by Corn Slump

👤By Greg D. Horstmeier DTN Editor-in-Chief 🕔Dec 27, 2017

The DTN countdown of the 10 most influential stories in agriculture is an annual ritual in the DTN newsroom. Like the mad dash for the last few Christmas presents or the threat from Senior Analyst Darin Newsom to bring scrapple

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WASDE Coarse Grains: Increased Corn Usage, Reduced Corn Stocks

WASDE Coarse Grains: Increased Corn Usage, Reduced Corn Stocks

👤From USDA 🕔Dec 12, 2017

This month’s 2017/18 U.S. corn outlook is for increased corn used to produce ethanol and reduced ending stocks. Corn used to produce ethanol is raised 50 million bushels to 5.525 billion, based on increased sorghum export commitments, and the most

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Illinois: Farm Income Forecast Lower Than 2016 but Better Than Expected

Illinois: Farm Income Forecast Lower Than 2016 but Better Than Expected

👤By Gary Schnitkey, University of Illinois Ag Economist 🕔Nov 22, 2017

Average net income on Illinois grain farms is forecast at around $60,000 per farm in 2017. This forecast is for a composite of grain farms enrolled in Illinois Farm Business Farm Management (FBFM). In 2016, these farms had an average

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Grain Markets: Corn Supply A Burden To Prices

Grain Markets: Corn Supply A Burden To Prices

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Nov 13, 2017

The USDA’s Crop Production report released on November 9 reported an unexpectedly large corn yield increase for the 2017 crop. Corn prices suffered a moderate decline following the report release considering the magnitude of the yield increase. Corn prices will

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WASDE Coarse Grains: Increased U.S. Corn Demand Offset by Higher Production

WASDE Coarse Grains: Increased U.S. Corn Demand Offset by Higher Production

👤From USDA 🕔Nov 9, 2017

This month’s 2017/18 U.S. corn outlook is for larger production, increased feed and residual use and exports, and greater ending stocks. Corn production is forecast at 14.578 billion bushels, up 298 million from last month on a record-high yield. Feed

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Grain Markets: Is Global Demand Waking Up? – DTN

Grain Markets: Is Global Demand Waking Up? – DTN

👤By Todd Hultman, DTN Analyst 🕔Nov 8, 2017

I realize corn’s bearish woes are well known by now, so pardon me for repeating the main points. USDA is estimating 2.43 billion bushels of U.S. ending corn stocks for 2017-18, with another increase in the crop estimate possibly coming

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Illinois: Corn and Soybean Crop Revenue – Narrowing the Gap

Illinois: Corn and Soybean Crop Revenue – Narrowing the Gap

👤By Gary Schnitkey, University of Illinois Ag Economist 🕔Nov 1, 2017

On average in Illinois, soybeans have been more profitable than corn since 2014 (farmdoc daily, July 25, 2017), an unusual situation given that Illinois is in the heart of the Corn Belt. Both costs and revenue from the two crops contribute

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