Tag Archives: corn prices

U.S. Drought Conditions Still Severe – July 19, 2012

  1. Updated U.S. Drought Map (U.S. Drought Portal)
  2. Ag Secretary Tom Vilsack on the worst drought in decades- Interview by Jeremy Hobson (Marketplace.com)
  3. High Corn Prices Will Raise Food Prices (Live Trading News)
  4. How droughts will reshape the United States – Brad Plumer (Washington Post)
  5. Grain futures hit highs on drought – Dow Jones Newswires (Agriculture.com)
  6. As corn burns, excess ethanol credits help dampen demand – Jonathan Leff and Janet McGurty, Reuters (Cattle Network)

 

Corn Prices on the Rise

Corn ending stocks for the US for 2010 are projected to be lower than corn demand for the same period, prompting a rise in corn prices. Corn prices increased about 55% for the June-November 2010 period. According to the Corn and Soybean Digest low crop yields explain the supply side. The demand side can be explained mainly by the increase of corn-derived ethanol production.

Maize (corn) - Monthly Price - Commodity Prices