Post Profile






U.S. farmers running out of opportunities to sell corn at profit

WASHINGTON (Reuters) - U.S. farmers who have been holding out for higher prices for their corn may finally sell their grain below target levels in the next few weeks as a government report released on Friday underscores the huge supplies left in storage bins around the country, analysts said. The U.S. Agriculture Department said that farmers still had 2.841 billion bushels of corn in their storage bins as of June 1, the fifth most ever for that time period.
read more

share

Related Posts


Farmers Walk Away From Leases Due to Plunging Grain Prices

Business & Finance / Economics : Mish's Global Economic Trend Analysis

Walking Away Farmer StyleThe price of corn is at a price seen in late 2006, wheat late 2005, and soybeans 2004. Land prices, lease prices, equipment prices, and fertilizer are much higher.This has put the squeeze on many farmers, es...

Ag ETFs Plummet As USDA Reports Higher Than Expected Supplies

Business & Finance / Investing : Focus on Funds

A  report by the USDA this morning showing corn held by farmers and grain elevators as of Sept. 1 were much higher than expected has sent grain prices tumbling to 2011 lows. As a result, the PowerShares DB Agriculture Fund (DBA) is ...

Facing losses and lost in a grain slump, U.S. farmers have no choice but to plant more corn

News : The Raw Story

Three years into a grain market slump, U.S. farmers are set to plant more corn, taking a calculated gamble that higher sales will help them make up for falling prices without triggering even more declines. Forecasts suggest that at ...

Goldman Warns Oil Could Plunge Below $40 Absent OPEC "Shock And Awe"

Business & Finance : Zero Hedge

Goldman has done it again: less than two weeks after the bank said "oil prices have likely hit bottom of the price range, and look attractive" when it slashed its WTI price target from $55 to $47.50 (and every other Wall Street bank...

Protests on Brazil road impact flow of grains to northern ports

Issues & Causes / Environmentalism : Reuters Environment Blog

SAO PAULO (Reuters) - Residents of villages along a key highway for grains exports in Brazil's northern Para state continued to stage protests on Tuesday blocking the flow of goods like corn and soybeans to nearby ports, industry gr...

Comments


Copyright © 2016 Regator, LLC