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Corn Price Per Bushel

Economist says corn prices could fluctuate wildly next year - “The potential for volatility in this market is extreme. We’ve been in a volatile situation the last two or three years, but 2013 could be even more volatile. So, my range for corn could be from $4 or $4.50 on the low end to $10 on the high end.

Iowa’s farmers and state economy watchers face the reality that a “historically rare period” of prosperity for Iowa agriculture may be ending. The U.S. Department of Agriculture last week forecast a return to more normal corn surpluses of almost 2 billion bushels. The more ample supplies could drive down corn prices to as low as $4.20 per bushel by year’s end, compared with an average price of $6.20 in 2011, the USDA predicted.

Agriculture Apps: Type of Crop: Corn, Soybeans, Milo or Wheat Field Type: Dryland or Irrigated Production Cost Inputs: Including Number of Acres, Insurance %, APH Yied, Ins. Yield and many, many more Sales History: Track each sale by Date, Bushels sold, Cash price, Delivery period, buyer Profit and Loss: Factor in Basis, Offset, and Contract plus your historical sales information and cost inputs to help you make informed decisions about your grain marketing.

$5.50-per-bushel corn possible if yield normalizes in 2013 - A return to more normal U.S. corn yields in 2013 could send new-crop prices spiraling downward, but persistent drought in some of the nation’s top corn-producing states could have the opposite effect, says Purdue Extension agricultural economist Chris Hurt.

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"“We saw how price spikes caused by this government mandate impacts turkey growers when corn prices reached almost $8 per bushel: U.S. turkey production declined by 9 percent, resulting in loss of rural jobs.”

from Business Insider

Corn Prices Go Wild!

Corn Prices Go Wild! New all-time high of $8.15 per bushel.

Once combines are shedded for fall 2014, it's likely that corn growers will turn to pencil and paper to begin calculating how they can bring home a profit in 2015. Current expert projections are that 2015 corn will cost some $4.50 per bushel to grow and today's price projection for 2015 corn commodities is near $4.00 per bushel. Read more on Producer's website!

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Ethanol Gains Against Gasoline a Fourth Day on Output Costs - Ethanol strengthened against gasoline, narrowing the motor fuel’s premium for a fourth day, on speculation that a recent gain in corn prices signals higher production costs.