Corn market is moving higher again. Some factors are estimates of corn acres to be planted this spring to be slightly less than USDA projections, winter wheat in western states very dry, wheat to be planted this spring in northern states very wet and cold,and feed use may not be reduced by the 260 million bu. projected by the USDA. This will be an ongoing process as the markets sort out information and swings will happen as information is updated. June 30th is another USDA report on grain stocks and planted crops will be better known. Many of today's farmers subscribe to market services and advisers to aid them in these uncertain times there are many options on how to deal with these swings and picking the best option is one that has the largest impact on profitability.
Serving together, Dean Lundeen
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