Corncast: Your Daily Kernel of Ag Market Insights cover art

Corncast: Your Daily Kernel of Ag Market Insights

Corncast: Your Daily Kernel of Ag Market Insights

Listen for free

View show details

About this listen

 https://www.instagram.com/vanessaclarkipai

This is your Daily Corn Price Tracker with Vanessa Clark podcast.

Welcome back to the Daily Corn Price Tracker. I am Vanessa Clark, and I am here to get you up to speed on the latest corn market news, today’s trading prices, and all the insights you need to stay on top of the corn industry. Whether you are farming, working in agribusiness, or just keeping an eye on the markets, I am glad you are here with me.

Let’s kick things off with today’s numbers. Corn futures finished today stronger, with the December contract closing at four dollars, twenty-eight and three-quarters cents per bushel. That is up five and a half cents on the day. The nearby cash corn price stands at three dollars and ninety and a half cents per bushel, according to national averages. These gains reflect a trend we have been seeing this month, with corn prices generally ticking upward by about fourteen cents over the past few weeks, supported by active export demand and ongoing harvest activity.

Speaking of exports, U.S. corn exports have seen a real boost lately. The latest data shows over one point one million metric tons of corn shipped in the past week, with Mexico and Colombia leading the way as top buyers. For the season so far, export inspections for corn are running well ahead of last year, up nearly sixty percent, and this sustained demand is one of the key factors giving current corn prices a lift.

On the harvest front, many farmers across the Midwest are reaching the final stretch. Reports from Indiana show that some growers are experiencing top-end corn yields this year. Careful crop management, including well-timed fungicide applications, has paid off for many, and even with a few late-season disease concerns, the results overall are looking good.

Weather also continues to shape the outlook. In the U.S., warm and dry weather across the Corn Belt is helping farmers bring in the crop quickly, while in Brazil, favorable rainfall is aiding summer corn planting. Brazil’s first corn crop is now more than half planted, and as always, what happens in South America is something to keep an eye on, since it can influence global supply and prices down the road.

Now, for anyone selling or storing corn, these market movements matter a lot. Industry experts say that having a clear selling strategy built around cost of production and market timing can help you make the most of the current trends. Prices are expected to keep trading between four and four fifty for now, as abundant supply keeps a lid on significant rallies, even with export demand heating up.

One more thing for those watching the biofuel sector—corn-based ethanol production is also moving up, both here and in Brazil, and that supports long-term demand for U.S. corn.

That is it for today’s episode of the Daily Corn Price Tracker. I am Vanessa Clark, and I want to thank you for joining me today. Remember to subscribe, so you never miss an update, and tune in next time for the freshest news and insights on corn prices and markets. Until then, keep tracking, keep growing, and have a fantastic day.

For more http://www.quietplease.ai

Check out Vanessa on Instagram https://www.instagram.com/vanessaclarkipai
For some deals, check out
https://amzn.to/4hSgB4r

This content was created in partnership and with the help of Artificial Intelligence AI
No reviews yet
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.