Markets Now with Tyne Morgan: Are U.S. Farmers Sold Out of Old Crop Corn?
May corn futures briefly topped $6 this week. While futures prices didn’t stay above $6 for long, the strong price signals showed up in both old crop and new crop.
The Soybean Dilemma: Fewer Acres and Current Demand Means Stocks are Scary Tight
USDA's late March Planting Intentions report showed farmers intend to plant fewer acres than USDA thought in February. And with already tight stocks with robust demand, Blue Reef Agri-Marketing's Chip Nellinger says soybean prices could see extreme volatility this year.
$6 Corn Futures? Here's What's Driving Corn Prices Right Now
May corn futures closed in on $6 Wednesday, a price move being driven by a number of factors. Brian Doherty with Total Farm Marketing says corn's performance is one for the record books.
New Crop Sorghum Surpasses $5 as U.S. Weekly Sorghum Exports Shatter Records
As U.S. farmers finalize 2021 planting plans, sorghum is still vying for acres. U.S. sorghum growers are enjoying not only a strong basis, but new crop prices above $5 as the hunger for U.S. sorghum hasn’t waned.