Soybean to Corn Ratio Favoring Expanded Bean Acreage
As the Pro Farmer crop tour wraps up, it’s interesting to consider the soybean to corn price ratio, as it is often used to measure the profitability of both crops.
Tag: Corn
Crop Tour Expecting Record Corn and Soybean Crops
Scouts covered a big portion of the Midwest last week during the annual Pro Farmer Crop Tour and found that record corn and soybean crops could be in store for the upcoming 2020 harvest.
Corn Growers Received Nearly Half Dollar From Livestock Exports
Beef and pork exports were responsible for more than 12 percent of the per bushel price of corn last year. With a total production of 13.62 billion bushels, the value of pork exports to the U.S. corn crop was $6.26 billion.
Corn Price Potential May Rest With Ethanol Demand
Stronger export numbers and lower acreage have boosted corn prices since the end of June but demand weakness in ethanol production is concerning.
Meat Exports Contribute to Corn and Soybean Prices
Since 2015, indirect exports of corn and soybeans through beef and pork exports have been the fastest-growing category of corn and soybean use, delivering critical returns for corn and soybean farmers.
Markets React Favorably to USDA’s December Estimates
(WASHINGTON, DC) Markets rallied on the heels of USDA’s latest World Agricultural Supply and Demand Estimates (WASDE) released on Friday. Farm prices are projected higher for corn and cotton, while … Read More