GFM Network News


‘It was only the ethanol mandate and the subsequent demand for five billion bushels of corn for ethanol production that lifted corn prices out of the doldrums.’

U.S. local corn prices dip below $2 in some areas

A review of ending stocks in the past does not give much hope for a turnaround

Even before the current U.S. Farm Bill was adopted, we shared our concern that a $4-plus plateau in corn prices, which was being widely predicted, was in all likelihood no plateau at all. A year ago many were predicting corn would average $4.50 a bushel, partly because of ethanol demand and partly because production costs […] Read more