Market Matters Blog
Katie Micik DTN Markets Editor

Tuesday 03/25/14

Parts of Ag Confidence Index Show Correlation to Corn Prices
DTN now has four years of data from the DTN/The Progressive Farmer Agriculture Confidence Index, and senior analyst Darin Newsom did a little extra analysis on whether or not the survey's results show a correlation with corn prices.[Read Full Blog Post]
Posted at 11:54AM CDT 03/25/14 by Katie Micik | Post a Comment
Comments (1)
Katie & Darin, Even as far out as North Dakota, Corn prices & the Confidence Index of Agriculture are strongly correlated. We never used to consider Corn a consistent agronomic Upper Great Plains top income performer. With all of the positives in todays Varieties, Renewable Fuels Standards Corn production & confident are directly linked. Were far from the I'-State's but even out here w/ 90-day maturity corn hybrids & premium corn values ;;; big expectations with corn drove great enterprise investment and expansion. Now it both price and confidence are greatly moderated.
Posted by Dale Reimers at 9:59PM CDT 03/25/14
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