The nation’s corn growers are calling for immediate action to increase market access. It comes following the bullish WASDE report, which is projecting a record corn crop, leaving producers looking for new outlets.
National Corn Growers Association President Kenny Hartman joined RFD-TV’s Jennifer Vickery-Smith to discuss his big takeaways from the report, his opinion on USDA’s strategy to review acres in August, and if year-round access to E15 would help.
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Record ethanol production and improving blending demand continue to support corn usage despite rising short-term inventories.
Freight volatility increasingly determines export margins, making logistics costs as important as price in marketing decisions.
USDA flash corn sales, Cattle on Feed and Inventory reports, and beef packer antitrust concerns dominate January agricultural market news.
Larger grain stocks increase supply pressure, but strong fall disappearance — especially for corn and sorghum — suggests demand remains an important offset.
Record corn and sorghum crops boost feed grain supplies, while reduced soybean and cotton production tighten outlooks for oilseeds and fiber markets.
Lewis Williamson with HTS Commodities joined us to provide analysis on the January WASDE report and expectations for grain markets going forward.
