Corn

I finished working over my corn ground yesterday evening, and today, with a little luck, I will get the last 80 acres of corn planted. That is barring any breakdowns. I did plant some corn on April 18 about 36 hours before the really cold weather...

Corn was hit hard today, closing down about 7 cents. Wheat was really hit, closing down about 30 cents. That probably pulled corn down, too. Export Inspections were reported at 855,766 MT, which was down from last week at 1.039 MMT. This afternoon the USDA reported planting progress for corn at 2 percent compared to the average for this date of 5 percent...

Corn had another good day as it continues to recover some of the losses from Tuesday. Export sales for corn were disappointing at only 431,700 MT. However, it was right at the weekly sales we need to meet the USDA export projections for the year...

After losses of about 18 cents a bushel Tuesday after the USDA stocks and planting intentions were released, corn gained about 6 cents a bushel today. Maybe traders realized that corn acres will still be down from 2014 and the crop is not in the bin yet...

Corn futures closed 3-4 cents a bushel higher today. Gordy said this morning at 11:15 that there probably was some short covering and position squaring ahead of tomorrow's USDA Stocks and Planting Intentions Report. This morning the USDA reported a sale of 131,172 MT of corn sold to a unknown destination...

Corn prices closed about unchanged today as traders are waiting for Tuesday morning's USDA numbers. As far as the reports go, it is one of the biggest of the year. For the Prospective Plantings Report traders are expecting farmers will plant about 2 million fewer acres of corn this year...

This is a picture of a display at the Denver Convention Center on renewable fuels and ethanol. Being from Minnesota, I noticed there was a major seed stock missing, corn. These three columns had examples of what ethanol was made from, corn stalks, popular trees and switch grass...

Corn finally closed about 4 cents higher today after a big move down last Friday and Tuesday. The weekly ethanol production report showed an increase in production of 3 million barrels per day to 947,000 barrels per day. Even though ethanol production increased, stocks decreased by 2 percent...

On Monday I commented that it could have been worse as both corn and beans rallied late in the session and closed well off the lows. Today it was worse as corn closed down 7-8 cents and closed the lows. There was a lot of talk about China booking 600,000 MT of corn from the Ukraine even though U...

It was a rather uneventful day today in corn and soybeans. Corn was down 2-3 cents. The dollar index was lower, and that might have offset the negative export sales report. Export sales for corn were well below expectations at only 343,300 MT...