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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.
From a year ago, the corn ending stocks to usage has gone from 13.75% to 7.4%, one of the lowest on record. Demand for U.S. grains has been at historic levels during 2021.
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.
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 ...
A major data center hub for the Asia-Pacific region, [112] Singapore lifted its moratorium on new data center projects in 2022, granting 4 new projects, but rejecting more than 16 data center applications from over 20 new data centers applications received. Singapore's new data centers shall meet very strict green technology criteria including ...
During this time, debate over tariffs and free trade in grain was fierce. Poor industrial workers relied on cheap bread for sustenance, but farmers wanted their government to create a higher local price to protect them from cheap foreign imports , resulting in legislation such as Britain's Corn Laws .
The Grain Inspection, Packers and Stockyards Administration (GIPSA) was an agency of the United States Department of Agriculture that facilitates the marketing of livestock, poultry, meat, cereals, oilseeds, and related agricultural products, and promotes fair and competitive trading practices for the overall benefit of consumers and American agriculture.
US stocks have been slumping heading into the first full-on week of 2025.. In the past five trading sessions, the S&P 500 is down more than 1.5%, while the Nasdaq Composite is off nearly 2% ...
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