Bare Knuckles Ag ™

corn prices

Why 2019-20 Could Unfold Like a Re-run of 1993-94 Bull Market in Corn

Pre-report trade estimates for corn in USDA’s ACREAGE report on Friday average just 86.7 million acres, down a whopping 6.1 million from March intentions and more than double the 3 million acre cut USDA already made in its June WASDE….
Read more

USDA’s June WASDE Corn Price Forecast too S-T-I-N-G-Y by Historical Standards

Initially, the trade reaction to USDA’s June 11 WASDE balance sheet for corn was price friendly. Traders were surprised USDA cut the planted acreage estimate by 3 million from March Prospective Plantings this soon; not even waiting to see the…
Read more