Corn, Soybean Prices Have Soared, Adding Firmness to Farmland Values Jan 27, 2021

🕔Jan 27, 2021
Jesse Newman reported on the front page of Saturday’s Wall Street Journal that, “A crop glut that battered American farmers is subsiding, fueling an unexpected recovery in the U.S. Farm Belt […]

Corn, Soybean Prices Climb with Beginning of New Year Jan 7, 2021

🕔Jan 7, 2021
Bloomberg writers Kim Chipman and Megan Durisin reported on Wednesday that, “Soybean futures in Chicago extended their winning streak for a sixth day and corn exceeded $5 a bushel on expectations that […]

Corn, Soybeans, Wheat: USDA’s Long-Run Price Forecasts Nov 11, 2020

🕔Nov 11, 2020
Last week, the U.S. Department of Agriculture released its baseline projections providing ten-year estimates of supply and demand factors impacting U.S. agriculture. These projections suggest long-run prices of $3.55 per […]

Corn, Soybeans: Buyers Having a Tough Time as Farmers Wait on “Price Highs” – DTN Oct 29, 2020

🕔Oct 29, 2020
It’s been a crazy year for cash corn and even cash soybeans, a buyer told me. It’s crazy that prices during harvest remained strong with little harvest pressure on corn […]

Corn Market: What’s Behind Current Price Optimism? – DTN Oct 29, 2020

🕔Oct 29, 2020
If you’ve been so busy harvesting corn lately you haven’t noticed prices, you’ll be glad to hear December corn was up the first four days of this week and closed […]

Corn, Soybean Price Changes and Relative Profitability Oct 7, 2020

🕔Oct 7, 2020
Corn and soybean prices declined throughout much of the first half of 2020, with low prices persisting into early August. Since August, both corn and soybean prices have increased. Overall, […]

Corn Market: In Places, A Strong Basis Ahead Of Harvest – DTN Sep 30, 2020

🕔Sep 30, 2020
By the end of the 2019-20 crop year, the corn basis recovered from the fall it took beginning in March when COVID-19 caused U.S. ethanol plants to slow or shudder […]

Corn And Soybean Markets: What Accounts For Recent Price Disconnect? – DTN Sep 25, 2020

🕔Sep 25, 2020
It’s uncommon for soybean and corn prices not to move in the same direction at roughly the same pace at the same time. To be clear, that’s not what’s been […]

Corn Market: Price Floor? There Is No Price Floor. – Commentary Sep 1, 2020

🕔Sep 1, 2020
In last week’s column we examined the assertion that corn prices moved from the $1.00 per bushel price plateau in the 1947-1972 period to a $2.00 price plateau in the […]

Ag Economy: “Fragile” Conditions Persist, Ethanol Waiver Concerns Remain Aug 25, 2020

🕔Aug 25, 2020
Wall Street Journal writer Kirk Maltais reported on Saturday that, “Following a growing season last year filled with battering rainfall and bitter trade wars, U.S. farmers hoped 2020 would provide them an opportunity to […]

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