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US corn plantings top expectations despite floods; prices sink

CHICAGO (Reuters) – U.S. farmers planted more corn than expected despite heavy rains and flooding that market watchers had said kept farmers out of the fields for much of the spring, the U.S. government said on Friday. FILE PHOTO: Corn grows in a field …Read more

US corn plantings top expectations despite floods prices sink

Analysts had expected the data to show farmers had boosted their soybean acres due to the corn planting delays – and the March through May period despite a trade war with China that chilled export demand from the top export market
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Record rainfall is sowing havoc on corn soybean futures

It was a similar but slightly less dramatic story for November soybean futures USSX5 which jumped from 904 a bushel on June 15 to a closing high of 1037 on June 30a 147 rally Expectations by corn prices reflects ideas that despite the
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Crop report sinks under dead weight of drought

In their first state-by-state production assessment federal forecasters slashed estimates for production of corn soybeans and other crops by double digits Despite the biggest corn planting the top two corn states Iowa expectations are down 186
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Agricultural Commodities Post The April WASDE Report

Prices of corn and soybeans did not move much after the release of the April WASDE report despite the rise in stockpiles depend on ideal weather conditions Floods that are pushing back planting in the US and the uncertainty of the weather over the
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Jeremy Grantham on Welcome to Dystopia We Are Entering A Long-Term And Politically Dangerous Food Crisis

As but one example Despite corn being almost ludicrously inefficient as an ethanol input compared to sugar cane and scores of other plants 40 of our Entering a long-term and politically dangerous food crisis is a must read
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Why being a good neighbor is a good idea

Next spring the fields around Willcox Arizona will again grow lush with corn and alfalfa But his daily worries more often involve drought and floods cattle killed by cougars fluctuating beef prices and broken equipment Youre on edge
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