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From a mid-August peak of a record $8.49 a bushel, corn December futures have fallen to around $7.40 a bushel today. The spread between corn for December 2012 delivery and March 2013 delivery has ...
Corn prices are now up about 10% over the past month. ... $5 per bushel cash for corn for delivery immediately or after April 15. Local buyers last fall were offering about $4.30, well below his ...
The US is the world's largest producer of corn. [8] According to the United States Department of Agriculture (USDA), the average U.S. yield for corn was 177 bushels per acre, up 3.3 percent over 2020 and a record high, with 16 states posting state records in output, and Iowa reporting a record of 205 bushels of corn per acre.
Before prices plunged last summer, Henebry said he sold some corn for $5.50 to $5.70 per bushel and then for as much as $6.21 per bushel delivered to the grain elevator.
Other analysts say it adds around 20 percent, or just under 80 cents per bushel at current prices. Those estimates hint that $4 per bushel corn might be priced at only $3 without demand for ethanol fuel.". [123] These industry sources consider that a speculative bubble in the commodity markets holding positions in corn futures was the main ...
Yields were referred to in coombs per acre. A coomb was 16 stone (100 kg) for barley and 18 stone (110 kg) for wheat. A coomb was 16 stone (100 kg) for barley and 18 stone (110 kg) for wheat. The US grain markets quote prices as cents per bushel , and a US bushel of grain is about 61 lb (28 kg), which would approximately correspond to the 4 ...
That is, if the price of wheat in 2002 was $3.80, farmers would get an extra 58¢ per bushel (52¢ plus the 6¢ price difference). Fruit and vegetable crops are not eligible for subsidies. [38] Corn was the top crop for subsidy payments prior to 2011.
In something of a surprise today, corn prices gave back nearly all the gains they made in August, closing at the Chicago Board of Trade at $8.13/bushel. That's a 12% drop in the last week and a 7% ...