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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.
At grain elevators and other commercial handlers, off-farm storage capacity has increased by 40% to 11.9 billion bushels over the past 20 years, according to U.S. government data.
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.
Date/Time Thumbnail Dimensions User Comment; current: 06:38, 8 November 2022: 5,371 × 1,335 (305 KB) Wikideas1: Update November 8: 06:30, 20 April 2022: 4,266 × 876 (211 KB) Wikideas1: Uploaded own work with UploadWizard
Farmers earlier resisted sales as corn and soy futures prices sank to 2020 lows this year under pressure ... 5 of the McCallister kids from 'Home Alone' reunite for the first time in 30 years.
The IGC's data, analysis and reporting are used by member governments, private organizations and other international bodies concerned with grain market developments. The IGC's benchmark Grains and Oilseeds Index, which tracks international grain and oilseed prices, is publicly available on the organization's website.
Corn prices on the Chicago Board of Trade dropped from US$7.99 per bushel in June to US$3.74 per bushel in mid-December; wheat and rice prices experienced similar decreases. [159] The UN's Food and Agriculture Organization, however, warned against "a false sense of security", noting that the credit crisis could cause farmers to reduce plantings ...
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 ...