Tagged: corn

The News & What it Means – Record US Corn Yield in the Making!?

By John DePutter & Dave Milne – November 13, 2017

 

The news:

“Thursday’s USDA supply-demand update pegged the average corn yield at a record high 175.4 bu/acre, up a major 3.6 bu from the October estimate and easily blowing past the average pre-report trade guess that had the yield at just 172.3 bu.”

– Syngenta website, Nov. 9, 2017

The News & What it Means – Higher Interest Rates and a Stronger Loonie & Harvest Pressure Ahead for Corn

By John DePutter & Dave Milne – October 11, 2017

 

The news:

“The International Monetary Fund has raised its estimate for Canada’s economic growth rate for this year and 2018, putting it at or near the top of the heap among advanced economies.”

– Financial Post, Oct. 10, 2017

The News & What it Means – China’s Big Appetite & Brazil’s Evolution into an Ag Powerhouse

By John DePutter & Dave Milne – June 13, 2017

 

The news:

“The combination of more mouths to feed with even faster-growing wealth in the world’s most populous nation has made China a magnet for farm goods, especially from the US, which now sells more of its harvest to China than any other country.”

– Bloomberg, June 12, 2017

The News & What it Means – Hog Market Bucking Old Adage & Corn Price Outlook Turns Positive

By John DePutter & Dave Milne – June 6, 2017

 

The news:

Hogs up sharply! For agricultural commodities, larger supplies generally result in lower prices. But this year’s hog market is going against that adage – with both larger supplies and higher prices!

– Commentary by Chris Hurt, Dept of Ag Economics, University of Illinois, on farmdoc daily, June 5, 2017.