Fundamentally Speaking
Joel Karlin DTN Contributing Analyst

Thursday 07/10/14

Corn States Setting Record High Yields
The accompanying graphic shows since 1981 the number of the top 18 producing states that saw record high state yields in an individual year vs. the percent that final national corn yields deviated from the 30 year trend.[Read Full Blog Post]
Posted at 10:55AM CDT 07/10/14 | Post a Comment
Comments (5)
over blown bs need to quit growing for a year to shut some mouths.cost of production should matter in long run it will or were all in trouble
Posted by andrew mohlman at 7:43AM CDT 07/14/14
In 1985 the U.S. corn carryout was about 4.04B bu. after already having the PIK program - paying people not to grow corn! In 1986 it grew to 4.88B and in 1987 it was 4.26B! The nearby late summer price range was $1.42 to $2.03 (from USDA balance sheet)! You've got it Andrew and nobody is worried about it but you and me! That's what this thing could become in the next year or two and it will be ugly! Oh by the way - $400 seed and 300 bpa won't fix it! Only more demand will! Take care!
Posted by Roger Cooper at 9:00AM CDT 07/14/14
were did all that corn go roger this country likes its corn
Posted by andrew mohlman at 8:19AM CDT 07/16/14
Unfortunately Andrew, droughts are about the only thing in our long range plan that gets rid of too much corn. Thank the Man for Ethanol - used about 5B bu. for that last year! Can you imagine staring at a 7B+ carryout and the price that would create! End users would be happy, happy, happy! They don't want the grain guy making any big profits!
Posted by Roger Cooper at 11:36AM CDT 07/16/14
Unfortunately Andrew, droughts are about the only thing in our long range plan that gets rid of too much corn. Thank the Man for Ethanol - used about 5B bu. for that last year! Can you imagine staring at a 7B+ carryout and the price that would create! End users would be happy, happy, happy! They don't want the grain guy making any big profits!
Posted by Roger Cooper at 11:36AM CDT 07/16/14
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