Jerry Gulke thinks the strength in corn can pull up wheat and even soybeans for two reasons. First, farmers will likely plant more corn and fewer soybeans and maybe even spring wheat this year. Second, a trade deal with China is possible under the Trump administration.
Can the Corn Market Move Even Higher? Here’s the One Signal to Watch
USDA’s January crop production report proved to be a gamechanger for corn, moving the markets even higher this week. Now the question is how much more momentum do the markets actually have. To answer that question, analysts say keep an eye on the funds.
A recent AgWeb poll asked farmers where they plan to cut costs. Equipment purchases topped the list, but farmers also plan to scale back on fertilizer rates, use more generic products and reduce tillage or field passes.
Local, national and international leadership roles have kept Pam Johnson on the move the past 25 years, but she's clung to her roots and brought back enriched experiences and new ideas to her Iowa farm.