by Gregg Hansen | Feb 10, 2023 | Uncategorized
Corn had a two-sided trade this week with March corn starting the week off at $6.77 and ending the week at $6.80. Support coming from the dryness in Argentina as well as some support from the wheat market with increased attacks from Russia. New crop corn didn’t...
by Gregg Hansen | Dec 9, 2022 | Uncategorized
Ending stocks for the 22/23 crop year for corn were increased by 75 million bushels. Exports were dropped by 75 million bushels since the US is down 48% in sales compared to last year at this time. Total carryout is now estimated to be 1.257 billion bushels which is...
by Gregg Hansen | Nov 4, 2022 | Uncategorized
Corn started the week off strong after Russia announced its withdrawal from the safe passage agreement. Corn gapped higher at the start of Sunday night trading jumping nearly 20 cents when trading opened. December corn opened this week at $6.96 and ended the week at...
by Gregg Hansen | Oct 28, 2022 | Uncategorized
Corn posting a narrow trade range this week with a high of 6.89 ¾ and a low of 676 ¼ but ultimately ended the week down 1 cent at $6.80. This is one of the narrowest trading weeks we have seen all year as the market weighs the lower supplies with the potential of...
by Gregg Hansen | Oct 12, 2022 | Uncategorized
Corn seeing a yield cut down to 171.9 bushels per acre, down from 172.5 last month. This brings production down to 13.895 billion bushels a significant drop compared to last years production of 15.074 billion bushels. New production numbers put 22/23 US carryout at...
by Gregg Hansen | Sep 9, 2022 | Uncategorized
Corn posting some modest gains this week with December contract gaining 20-cents to close the week at $6.85. Corn trading the expected lower US yields as well as getting some support from the wheat market. Corn conditions were unchanged this week at 54% good to...