Article

Got corn? You're golden

CHICAGO, Illinois (Agriculture.com)--Already sold out of the majority of old-crop corn, Midwest farmers face a dilemma of marketing portions of this year's crop that is being planted late with threatened production potential.

Though farmers in western Corn Belt states are nearing completion of corn planting, at least 7.0 million corn acres are estimated to be unplanted in states in the eastern Corn Belt and the Dakotas.

Article

VIDEO: Prevented Planting hurdles

DES MOINES, Iowa (Agriculture.com)--The CME Group corn market reached three-week highs on planting concerns Friday. This is intensifying Midwest farmers' plans to stick with original planting intentions, collect prevent plant insurance coverage, or switch from corn to soybeans.

Article

'It's a disaster'

CHICAGO, Illinois (Agriculture.com)--The floodwaters that inundated southeast Missouri and southwest Illinois farmland earlier this month now threaten millions of acres in the rich farming region of the Mississippi Delta.

Under a worst-case scenario, if levees break, Mississippi farmers could lose up to 1.2 million acres of crops this month. Also, across the river, Arkansas farmers are crossing their fingers that the levees hold. Farmers as far as 60 miles east of the rising Mississippi River are preparing to lose ground.

Article

$12 corn: Crazy, but possible

CHICAGO, Illinois (Agriculture.com)--At this year’s Commodity Classic conference, at least one market-watcher suggested that a hiccup in the spring/summer crop-weather, causing reduced yields, would cut further an already 15-year low U.S. corn stocks supply, sending corn futures prices marching towards $12 per bushel.

Meanwhile, some CME Group floor traders have figured that, adjusted for inflation, it’s not unrealistic to believe corn should be closer to the $10.00-$12.00 range vs. $6.00-$7.00 per bushel.

Article

$12 corn: outrageously possible

CHICAGO, Illinois (Agriculture.com)--At this year’s Commodity Classic conference, at least one market-watcher suggested that a hiccup in the spring/summer crop-weather, causing reduced yields, would cut further an already 15-year low U.S. corn stocks supply, sending corn futures prices marching towards $12 per bushel.

Meanwhile, some CME Group floor traders have figured that, adjusted for inflation, it’s not unrealistic to believe corn should be closer to the $10.00-$12.00 range vs. $6.00-$7.00 per bushel.

Article

Dust flying: Illinois planters roll

LOVINGTON, Illinois (Agriculture.com)--With a string of warm, sunny days this week, farmers in central Illinois have been able to make planting progress. Though Illinois started the week with 4% of its corn planted, above all states, the warming soil conditions are aiding farmers in this part of the state that want to have corn ready for harvest in late August/early September for talk of a corn shortage.

Pages