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.
"“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.”
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!
Red Poly Box Truck 8 Bushel Capacity by Bayhead Products. $180.95. POLY BOX TRUCK Maximum Durability and Longevity at an Affordable Price. The poly box truck features an easy-to-clean, seamless molded polyethylene body for superior strength and durability. Plastic body is mounted directly to a rugged all-welded angle iron dolly frame for extra strength. Truck includes four smooth rolling rubber casters (2 swivel, 2 rigid) that are welded to the dolly base in a...
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.