Corn Ethanol Recovers 07/19/20

The value of ethanol and DDGS has made a sharp recovery this summer. Weather will continue to be the dominant force in the corn market for a few more weeks. Cranking up corn processing will put a higher bottom to the corn market than was anticipated last spring.

Pork Comments 06/12/20

The USDA has forecast an increase in pork production in 2021 compared to the artificially limited slaughter of 2020. Hog slaughter is making a steady increase compared to the dip in April and May when many plants were closed due Covid 19. USDA dropped the 2020 pork export estimate in Read more…

Corn Comments 06/11/2020

The USDA projected the new crop U.S. corn carryout at 3.3 billion bushels, roughly unchanged from the May estimate and a mountain compared to previous years. A poor crop year such as 2012 would result in a new crop carry out of less than one billion bushels. But the current Read more…

Corn Condition 06/08/2020

The USDA rated 77 percent of the corn crop in good or excellent condition which compares to the 25-year early June average of 66%. USDA will likely stick to the May corn  crop production estimate which was 16 billion bushels. The June 2020 WAOB estimates are scheduled for release June Read more…