This latest break in corn should provide an opportunity for users to buy corn and it should spur another round of exports as many users across the world need corn. The rain certainly didn t make the corn crop, but it helped rejuvenate the crops in the eastern corn belt. The corn market should continue to slide lower, but remember, this is a demand driven market and that demand isn t going anywhere and will probably increase. Weather remains the main focus for the corn market as there is...

Feragen said the division raised prices by about 2 percent in that quarter, but a 4 percent to 5 percent price increase was really needed to cover the increasing cost of corn. Both the fuel and animal feed are made from corn. At the conference, Feragen also said the company may look for investments to grow its business, including acquiring businesses and making internal investments. Corn prices have skyrocketed to near $4 per bushel due to the rising demand for the alternative fuel...

It is estimated that within five years almost one-third of the North American corn harvest will be used to produce ethanol rather than food. If it does -- when it does seems more likely -- it won't be because of anything as insidious as agricultural subsidies. DURING a debate on agricultural subsidies recently, a United States congressman warned his colleagues not to fiddle with them because in Australia, where they were fiddled with, a box of corn flakes now costs US $12. The prices for...

Stress to major crops and pastures was becoming serious in many fields until last weeks rain. By area, 2 percent of the winter wheat crop has been harvested in the north, 23 percent in the central region and 78 percent in the south. Ninety-eight percent of the soybean acreage has emerged compared with 92 percent for both last year and the 5-year average. Corn condition is rated 49 percent good to excellent compared with 57 percent last year at this time. Winter wheat harvest is 36 percent...

Seven hundred fifty-five million bushels of corn went to make corn sweeteners such as high-fructose corn syrup, citric acid, lactic acid, sorbitol, corn syrup, enzymes, starches and thickeners. This is not the delicious sweet corn our local farms grow of which we eat about a bushel per person, per year this is #2 corn, and is the main crop grown in our country. Aliens from another planet would think that we worshipped corn because most of our modern food system revolves around it. If that...

Department of Agriculture projects that farmers will boost corn acreage from 80 million in 2006 to 94 million acres this year. Coincidence? Corn is primarily fed to cows, hogs, and chickens, so higher corn prices should lead to higher prices for milk, beef, pork, poultry and eggs. Most of the increased acreage devoted to corn will come from reduced soybean acreage. The prices for other food crops jump when corn goes up because farmers choose to plant less of them. In addition, agricultural...