Corn

The past couple of weekends I took advantage of the nice weather to haul corn. I had some hedges in December I rolled to March and recently fixed the basis. I have a neighbor just down the road three-quarters of a mile who needs to buy corn for their hog operation...

Wednesday afternoon I was hauling beans to the elevator and they had a crew there picking up their corn pile. There was a lot of corn piled outside this fall in Minnesota because we had a very good crop. It is not unusual to see a pile of corn by an elevator for a short time in the fall...

Late last week, Stephen came home from Pittsburgh for a few days. He wanted to go out to the farm and see grandpa and grandma. He also wanted to see the crops as he spent a lot of time driving tractor growing up. He and grandpa took the Gator and drove to all the farms...

Last Saturday I went out to the farm to check the crops and get the planter ready to plant beans. My peas should be harvested around the fifth of July and, weather permitting, I am going to plant beans and hope for the best. It is getting late to plant beans, but I am going to try anyway...

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...