Low prices have been a theme in recent years. Analysts have been watching the trends and say that the corn market needs a boost that may not come.
“Questions I’m getting: Are we going to rally? Well, rallies take a catalyst, and we don’t have a catalyst. The biggest catalyst that’s right in front of us right now could be the weather, and the weather’s good enough. And so that’s kind of where the market is right now,” said Bryan Doherty, Vice President of Broker Solutions and Senior Market Advisor at Total Farm Marketing.
Dougherty tells agoinfo.net that he is also watching Brazil’s second corn crop, which is expected to be large this year.
Related Stories
Rex Gray, Corn Product Manager for Golden Harvest, discusses how the company works side-by-side with farmers to develop strong-performing hybrids built to fit their acres.
Expect a steady corn grind and selective basis strength where exports and local blending stay active.
Jed Bower, the incoming president of the National Corn Growers Association, joined us for his sector’s perspective on the ongoing government shutdown.
Treasury Secretary Scott Bessent last week said an announcement would be made on Tuesday. However, that self-imposed deadline has now passed.
Despite tariffs having a less significant impact on exports, corn producers struggle with tariff-related increases on inputs, which complicates their bottom line.
Jack Daniel’s will end its Cow Feeder Program, which served around 100 livestock operations near the distillery, and redirect spent grains to its anaerobic digester.
