News
Corn bulls have shown impressive resilience the past couple of days in the wake of Tuesday’s USDA Crop Production Report.
Prices lower as harvest progresses well
This year’s crop has been hyped up to be record breaking — we will see how that holds up.
Soybeans are pulling corn and wheat higher.
Yesterday, USDA released projections for a record corn harvest of 16.7 billion bushels and sharply lowered its expected average corn price—a combination that could lead to much higher commodity program payouts.
Trading action the rest of this week is critical for corn market
USDA surprised to the upside on Corn yields
USDA increased the national corn yield by 7.8 bu. per acre while also increasing harvested acres.
The disease arrived early—right as corn entered the grain fill stage—and experts are unsure of how severe it will become. Yield losses can top 30% depending on infection levels.