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Market Outlook

  • Top Market Outlook News
    • MARKET OUTLOOK /

    Weekly Price Outlook:

    Corn was the primary focus of the agricultural commodity complex beginning in the 2006-07 marketing year and continuing through the 2012-13 marketing year. According to a University of Illinois agricultural economist, corn prices during that period were supported by a rapidly growing domestic ethanol industry that required more acres of corn and by relatively poor U.S. corn yields in 2010, 2011, and especially in 2012 that kept corn supplies very tight.

    • 12:00 AM
    • MARKET OUTLOOK /

    Weekly Price Outlook: How burdensome are corn supplies?

    Corn prices have been declining for almost two years following the peak price generated by the very small U.S. crop in 2012. The recent sharp decline in prices has been associated with increasing prospects for a very large U.S. corn harvest again in 2014 following the record harvest of 2013. According to a University of Illinois agricultural economist, a second consecutive large crop would lead to a further buildup in stocks of corn by the end of the 2014-15 marketing year.

    • Jul. 23, 2014