Corn prices have dropped by over a third year-on-year. Currently, corn July contracts on the Chicago Board of Trade (CBOT) are ruling at $4.46 a bushel, while December futures are quoted at $4.65. The USDA ERS has projected India’s corn production ...
However, that is more the result of falling corn futures, not necessarily rallying soybeans. In mid-October, November 2023 soybean futures SX3 were trading 2.15 times higher than December 2023 corn CZ3, a 10-year low for the date and easily in “corn-favoring” territory. The ...
Corn commodity futures speculation is driven by the belief that corn will be the answer to our fuel problems. However, speculation does not take into account the fact that we don't have the institutional capacity to deal with the externalities associated with a reduction in crop lands, the lim...
dollars per bushel for CME Group December 2014 corn futures as of July 3, 2014. It presents an... L Stalcup - 《Corn & Soybean Digest Exclusive Insight》 被引量: 0发表: 2014年 IFES 2014: Can One Monster Crop End the New Era of Grain Prices? Corn, soybean, and wheat prices this ...
“Obviously, this report differed substantially from our March 2023 Farm Futures survey estimates,” according to Farm Futures grain market analyst Jacqueline Holland. “In truth, I was a little shocked by just how far we missed the mark. But I’d be naïve to pretend like I didn’t expec...
The benchmark December futures contract fell below $5.00 per bushel in August and is at the lowest price since the 2021 harvest season. China, the largest importer of corn, has been struggling to stimulate its economy and has reduced its purchases of US corn. Some of the sentiment shif...
While this marks steady progress, it remains behind the 99% completion rate observed at the same time in 2023 and the five-year average of 98%. Crop conditions forcorn, rated as good to very good, declined slightly to 75%, down from 76% the previous week. This is notably below the 82...
[model] is I can be pricing my crops to sell… in a completely liquid market… I get direct payments from the government…. Crop insurance [is also] a huge component.… I can price a profit or not at the beginning of the season with corn and putting together futures, contracting, ...
offsetting changes for exports by-class with Hard Red Spring and White higher and Soft Red Winter lower. The 2022/23 season-average farm price is forecast $0.10 per bushel lower at $9.10, based on prices received to date and expectations for futures and cash prices for the remainder of...
futures prices quoted in the months prior to planting are used. The use of these two price series to formulate producers’ price expectations makes our supply response models adaptive as well as forward-looking. Because planting pattern varies across countries and crops, both the futures and spot...