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Corncast: Your Kernel of Truth in the Futures Market
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’m Vanessa Clark, here with your trusted five-minute update on what’s happening in the corn market, what prices you can expect today, and all the essential news you need to know. Whether you’re a grower, a trader, or just corn-curious, I’ve got you covered.
Let’s start with today’s headline: Corn futures closed higher for the second day in a row, with the most active December contract finishing at four sixteen and three-quarters per bushel. That’s up nearly four cents from yesterday, continuing a modest uptrend as we make our way through the harvest season. March futures also moved up, closing at four thirty-two and a quarter.
So, what’s driving these moves? According to Total Farm Marketing, the big story is the solid demand from end users and strong export numbers. Weekly corn inspections showed a healthy shipping pace, and traders are keeping an eye out for any signs of buyers needing more to meet export commitments.
The U.S. corn harvest is almost halfway done, with recent estimates putting us around forty-four percent harvested through October twelfth. Compare that to just twenty-nine percent a week ago, and it’s clear farmers are making major progress. Still, with rain in the forecast for parts of the Midwest, some areas could see harvest delays over the next couple of weeks. If you’re in the fields, keep an eye on weather windows and be ready for stops and starts as we head into the back half of October.
Globally, there’s some noteworthy news from France: Their Agriculture Ministry just lifted the nation’s corn production estimate to thirteen point seven million metric tons, but that’s still down over seven percent from last year. A smaller French crop could mean better long-term demand for U.S. corn exports, which is something to watch in the months ahead.
On the international trade front, recent purchases by major importers like South Korea are helping support corn prices. South Korea reportedly bought one hundred thirty-one thousand metric tons in a recent transaction, with origin likely from the U.S. or South America. Meanwhile, domestic basis levels in the Midwest have been mostly steady, though some areas saw two to seven cent dips late last week, so check your local bids for the most accurate pricing.
It wouldn’t be a corn market update without mentioning China and trade tensions. News headlines about back-and-forth between the U.S. and China are still keeping grain markets on their toes, so expect some volatility as the story develops.
Looking ahead, analysts say December corn will probably stay in a trading range between four dollars five cents and four thirty-five in the near term, unless there’s surprising crop news or a sudden shift in export demand.
Here are a couple of takeaways for listeners watching the corn market closely:
First, be sure to monitor not just futures, but your local cash bids and basis. Even with big national headlines, your best selling opportunity might be right in your county, especially with basis levels ticking up in some spots.
Second, keep an eye on weather maps as harvest continues. Delays might mean better prices if supplies tighten, but waiting can be risky if rain drags out the season.
Finally, global developments—from smaller European output to unpredictable trade relationships—remain wild cards you’ll want to track daily.
That wraps up today’s Daily Corn Price Tracker. I’m Vanessa Clark, and I hope our update helps you navigate your corn marketing decisions just a little smarter today. If you found this useful, be sure to subscribe, share this with a fellow farmer or market watcher, and join me again tomorrow for another look at what’s moving the corn market. Thanks for listening and have a wonderful 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
This is your Daily Corn Price Tracker with Vanessa Clark podcast.
Welcome back to the Daily Corn Price Tracker. I’m Vanessa Clark, here with your trusted five-minute update on what’s happening in the corn market, what prices you can expect today, and all the essential news you need to know. Whether you’re a grower, a trader, or just corn-curious, I’ve got you covered.
Let’s start with today’s headline: Corn futures closed higher for the second day in a row, with the most active December contract finishing at four sixteen and three-quarters per bushel. That’s up nearly four cents from yesterday, continuing a modest uptrend as we make our way through the harvest season. March futures also moved up, closing at four thirty-two and a quarter.
So, what’s driving these moves? According to Total Farm Marketing, the big story is the solid demand from end users and strong export numbers. Weekly corn inspections showed a healthy shipping pace, and traders are keeping an eye out for any signs of buyers needing more to meet export commitments.
The U.S. corn harvest is almost halfway done, with recent estimates putting us around forty-four percent harvested through October twelfth. Compare that to just twenty-nine percent a week ago, and it’s clear farmers are making major progress. Still, with rain in the forecast for parts of the Midwest, some areas could see harvest delays over the next couple of weeks. If you’re in the fields, keep an eye on weather windows and be ready for stops and starts as we head into the back half of October.
Globally, there’s some noteworthy news from France: Their Agriculture Ministry just lifted the nation’s corn production estimate to thirteen point seven million metric tons, but that’s still down over seven percent from last year. A smaller French crop could mean better long-term demand for U.S. corn exports, which is something to watch in the months ahead.
On the international trade front, recent purchases by major importers like South Korea are helping support corn prices. South Korea reportedly bought one hundred thirty-one thousand metric tons in a recent transaction, with origin likely from the U.S. or South America. Meanwhile, domestic basis levels in the Midwest have been mostly steady, though some areas saw two to seven cent dips late last week, so check your local bids for the most accurate pricing.
It wouldn’t be a corn market update without mentioning China and trade tensions. News headlines about back-and-forth between the U.S. and China are still keeping grain markets on their toes, so expect some volatility as the story develops.
Looking ahead, analysts say December corn will probably stay in a trading range between four dollars five cents and four thirty-five in the near term, unless there’s surprising crop news or a sudden shift in export demand.
Here are a couple of takeaways for listeners watching the corn market closely:
First, be sure to monitor not just futures, but your local cash bids and basis. Even with big national headlines, your best selling opportunity might be right in your county, especially with basis levels ticking up in some spots.
Second, keep an eye on weather maps as harvest continues. Delays might mean better prices if supplies tighten, but waiting can be risky if rain drags out the season.
Finally, global developments—from smaller European output to unpredictable trade relationships—remain wild cards you’ll want to track daily.
That wraps up today’s Daily Corn Price Tracker. I’m Vanessa Clark, and I hope our update helps you navigate your corn marketing decisions just a little smarter today. If you found this useful, be sure to subscribe, share this with a fellow farmer or market watcher, and join me again tomorrow for another look at what’s moving the corn market. Thanks for listening and have a wonderful 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
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By Inception Point Aihttps://www.instagram.com/vanessaclarkipai
This is your Daily Corn Price Tracker with Vanessa Clark podcast.
Welcome back to the Daily Corn Price Tracker. I’m Vanessa Clark, here with your trusted five-minute update on what’s happening in the corn market, what prices you can expect today, and all the essential news you need to know. Whether you’re a grower, a trader, or just corn-curious, I’ve got you covered.
Let’s start with today’s headline: Corn futures closed higher for the second day in a row, with the most active December contract finishing at four sixteen and three-quarters per bushel. That’s up nearly four cents from yesterday, continuing a modest uptrend as we make our way through the harvest season. March futures also moved up, closing at four thirty-two and a quarter.
So, what’s driving these moves? According to Total Farm Marketing, the big story is the solid demand from end users and strong export numbers. Weekly corn inspections showed a healthy shipping pace, and traders are keeping an eye out for any signs of buyers needing more to meet export commitments.
The U.S. corn harvest is almost halfway done, with recent estimates putting us around forty-four percent harvested through October twelfth. Compare that to just twenty-nine percent a week ago, and it’s clear farmers are making major progress. Still, with rain in the forecast for parts of the Midwest, some areas could see harvest delays over the next couple of weeks. If you’re in the fields, keep an eye on weather windows and be ready for stops and starts as we head into the back half of October.
Globally, there’s some noteworthy news from France: Their Agriculture Ministry just lifted the nation’s corn production estimate to thirteen point seven million metric tons, but that’s still down over seven percent from last year. A smaller French crop could mean better long-term demand for U.S. corn exports, which is something to watch in the months ahead.
On the international trade front, recent purchases by major importers like South Korea are helping support corn prices. South Korea reportedly bought one hundred thirty-one thousand metric tons in a recent transaction, with origin likely from the U.S. or South America. Meanwhile, domestic basis levels in the Midwest have been mostly steady, though some areas saw two to seven cent dips late last week, so check your local bids for the most accurate pricing.
It wouldn’t be a corn market update without mentioning China and trade tensions. News headlines about back-and-forth between the U.S. and China are still keeping grain markets on their toes, so expect some volatility as the story develops.
Looking ahead, analysts say December corn will probably stay in a trading range between four dollars five cents and four thirty-five in the near term, unless there’s surprising crop news or a sudden shift in export demand.
Here are a couple of takeaways for listeners watching the corn market closely:
First, be sure to monitor not just futures, but your local cash bids and basis. Even with big national headlines, your best selling opportunity might be right in your county, especially with basis levels ticking up in some spots.
Second, keep an eye on weather maps as harvest continues. Delays might mean better prices if supplies tighten, but waiting can be risky if rain drags out the season.
Finally, global developments—from smaller European output to unpredictable trade relationships—remain wild cards you’ll want to track daily.
That wraps up today’s Daily Corn Price Tracker. I’m Vanessa Clark, and I hope our update helps you navigate your corn marketing decisions just a little smarter today. If you found this useful, be sure to subscribe, share this with a fellow farmer or market watcher, and join me again tomorrow for another look at what’s moving the corn market. Thanks for listening and have a wonderful 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
This is your Daily Corn Price Tracker with Vanessa Clark podcast.
Welcome back to the Daily Corn Price Tracker. I’m Vanessa Clark, here with your trusted five-minute update on what’s happening in the corn market, what prices you can expect today, and all the essential news you need to know. Whether you’re a grower, a trader, or just corn-curious, I’ve got you covered.
Let’s start with today’s headline: Corn futures closed higher for the second day in a row, with the most active December contract finishing at four sixteen and three-quarters per bushel. That’s up nearly four cents from yesterday, continuing a modest uptrend as we make our way through the harvest season. March futures also moved up, closing at four thirty-two and a quarter.
So, what’s driving these moves? According to Total Farm Marketing, the big story is the solid demand from end users and strong export numbers. Weekly corn inspections showed a healthy shipping pace, and traders are keeping an eye out for any signs of buyers needing more to meet export commitments.
The U.S. corn harvest is almost halfway done, with recent estimates putting us around forty-four percent harvested through October twelfth. Compare that to just twenty-nine percent a week ago, and it’s clear farmers are making major progress. Still, with rain in the forecast for parts of the Midwest, some areas could see harvest delays over the next couple of weeks. If you’re in the fields, keep an eye on weather windows and be ready for stops and starts as we head into the back half of October.
Globally, there’s some noteworthy news from France: Their Agriculture Ministry just lifted the nation’s corn production estimate to thirteen point seven million metric tons, but that’s still down over seven percent from last year. A smaller French crop could mean better long-term demand for U.S. corn exports, which is something to watch in the months ahead.
On the international trade front, recent purchases by major importers like South Korea are helping support corn prices. South Korea reportedly bought one hundred thirty-one thousand metric tons in a recent transaction, with origin likely from the U.S. or South America. Meanwhile, domestic basis levels in the Midwest have been mostly steady, though some areas saw two to seven cent dips late last week, so check your local bids for the most accurate pricing.
It wouldn’t be a corn market update without mentioning China and trade tensions. News headlines about back-and-forth between the U.S. and China are still keeping grain markets on their toes, so expect some volatility as the story develops.
Looking ahead, analysts say December corn will probably stay in a trading range between four dollars five cents and four thirty-five in the near term, unless there’s surprising crop news or a sudden shift in export demand.
Here are a couple of takeaways for listeners watching the corn market closely:
First, be sure to monitor not just futures, but your local cash bids and basis. Even with big national headlines, your best selling opportunity might be right in your county, especially with basis levels ticking up in some spots.
Second, keep an eye on weather maps as harvest continues. Delays might mean better prices if supplies tighten, but waiting can be risky if rain drags out the season.
Finally, global developments—from smaller European output to unpredictable trade relationships—remain wild cards you’ll want to track daily.
That wraps up today’s Daily Corn Price Tracker. I’m Vanessa Clark, and I hope our update helps you navigate your corn marketing decisions just a little smarter today. If you found this useful, be sure to subscribe, share this with a fellow farmer or market watcher, and join me again tomorrow for another look at what’s moving the corn market. Thanks for listening and have a wonderful 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