Louisiana’s corn crop is in the ground, acreage is up, and the weather has been favorable. However, there is still a dark cloud over that market.
This Week in Louisiana Agriculture shows us how farmers are handling the uncertainty.
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Lewis Williamson with HTS Commodities discusses late-season planting progress, market fundamentals heading into summer, and the influence of biofuel policy on grain demand.
Corn exports are strengthening the trade outlook, but lower soybean movement and weaker demand from China remain major concerns.
Higher domestic ethanol blending supports corn demand even as weekly production and export volumes decline.