Corn farmers have felt the pinch of low prices, and with a record corn crop coming in, that situation is unlikely to change anytime soon.
Despite all the noise, grain analyst Darin Newsom says the corn market is steady as she goes.
“You know, there’s nothing outstanding in this market. If we look at both the Dec. March future spread, if we look at the Dec. July forward curve, all telling us you know we’ve got a neutral situation, not that much different from where we were this time last year, basis is relatively weak. All of these things are to be expected as we enter September, and again, with the large harvest coming at us.”
Newsom says he will be closely watching December corn in the weeks ahead. He says it tends to rally during September and October, but he is not expecting any big moves.
November 13, 2024 04:49 PM
Golden Harvest & GHX Soy Product Manager Ryan Dunsbergen tells us what farmers can expect when it comes to new soybean varieties for the new year.
November 07, 2024 02:40 PM
RFD-TV ag legal expert Roger McEowen examines common issues facing farmers, ranchers, and rural landowners: SAF fuel, R&D credit, drones, and cleaning fencerows.
September 17, 2024 12:15 PM
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In this behind-the-scenes look at the newest episode of Where the Food Comes From, “Simple as Corn, Part 1,” written by show producer and script supervisor Donna Sanders, follow the crew during their time filming in Sun Prairie and Coloma, Wisconsin.
January 12, 2024 02:00 PM
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As we start the new year, let’s take a look at some of the legislative items from 2023 affecting agriculture that will continue to play out in the political area for months to come.
January 02, 2024 12:00 PM
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