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Tag "corn prices"

Grain Markets: Summer Pricing for Corn and Soybeans

Grain Markets: Summer Pricing for Corn and Soybeans

πŸ‘€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

πŸ‘€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. Β Corn acreage is projected at 90.0 acres, down 4 million from last year. Β  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

πŸ‘€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

πŸ‘€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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Illinois Corn: Revenues Below $700 per Acre Possible in 2017

Illinois Corn: Revenues Below $700 per Acre Possible in 2017

πŸ‘€By Gary Schnitkey, University of Illinois 🕔Apr 19, 2017

For farmland having an expected corn yield of 190 bushels per acre, a reasonable expectation of 2017 gross revenue is $741 per acre. Obviously, revenue will vary from the $741 expectation depending on price and yield outcomes. In this article,

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Feed Grain Outlook: U.S. Corn Food, Seed, and Industrial Use Raised on Improved Ethanol Prospects

Feed Grain Outlook: U.S. Corn Food, Seed, and Industrial Use Raised on Improved Ethanol Prospects

πŸ‘€From USDA 🕔Apr 13, 2017

Projected U.S. 2016/17 corn food, seed, and industrial use (FSI) is raised 50 million bushels as this month’s corn for ethanol is projected 50 million bushels higher at 5,450 million. Total FSI use is projected at 6,895 million this month.

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Corn Market: Commercial Buyers Responding Favorably to Current Prices – DTN

Corn Market: Commercial Buyers Responding Favorably to Current Prices – DTN

πŸ‘€By Todd Hultman, DTN Analyst 🕔Apr 12, 2017

So far in 2017, May corn has traded within a 33-cent range, between a high of $3.87 1/4 in mid-February and a low of $3.54 1/4 on March 27. Even though prices were down in March, the low is still

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WASDE Coarse Grain: Increased Corn for Ethanol Balances Reduced Feed, Residual Use

WASDE Coarse Grain: Increased Corn for Ethanol Balances Reduced Feed, Residual Use

πŸ‘€From USDA 🕔Apr 11, 2017

This month’s 2016/17 U.S. corn outlook is for increased corn used to produce ethanol, reduced feed and residual use and unchanged ending stocks. Corn used to produce ethanol is raised 50 million bushels to 5,450 million based on the most

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Corn, Soybeans: 2017 Break-Even Prices for Equal Profitability

Corn, Soybeans: 2017 Break-Even Prices for Equal Profitability

πŸ‘€By Gary Schnitkey, University of Illinois 🕔Apr 4, 2017

Corn and soybean returns are revisited because of recent changes in soybean prices and the release of USDA reports at the end of March. Overall, soybeans are still projected to be more profitable than corn for 2017 even in the

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Grain Markets: What Do Last Week’s Reports Mean for Corn, Soybean Prices?

Grain Markets: What Do Last Week’s Reports Mean for Corn, Soybean Prices?

πŸ‘€By Todd Hubbs, University of Illinois 🕔Apr 3, 2017

On March 31, the USDA released the Prospective Plantings and Grain Stocks reports. The Grain Stocks report gives an opportunity to assess the pace of consumption for corn and soybeans during the current marketing year. The Prospective Plantings report provides

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