Market Matters Blog
Katie Micik DTN Markets Editor

Tuesday 05/28/13

Prevent Plant Complicates Corn Acreage Picture
Farmers in parts of Iowa and Minnesota are contemplating making a prevent planting claim, many of them for the first time. There are a myriad of factors behind the decision, but what does it mean to the market?[Read Full Blog Post]
Posted at 4:55PM CDT 05/28/13 by Katie Micik | Post a Comment
Comments (1)
Prevent plant does not work for soybeans as it does for corn. After land cost it is hard to shed enough expense to make it work. So planted acres of soybeans could be at USDAâ?™s estimate or higher. Grower that are in a position to take prevent planting need to know the rules, to get as much corn versus bean prevented plant, to get as much coverage as they paid for. From this point of view the next upward push in price could come from wheat stocks. The bullishness of exports seems to be declining barring a normal freeze in Brazil. HRWW is sick. The market is expecting world supplies to cover our decline in production. Short corn stock could have feeders sucking up wheat. This may be push in prices this mess of weather is providing. It seems wheat needs to pull corn higher. Freeport, IL
Posted by Freeport IL at 12:58AM CDT 05/30/13
Blog Home Pages
May  2013
         1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31   
Subscribe to Market Matters Blog RSS
Recent Blog Posts
  • Legislation Introduced to Extend PTC Deadline
  • CFTC Fines Two Grain Trading Operations
  • Low Water, Lock Repairs Cause Shipping Delays
  • Perspective on China's Big Soybean Buy
  • Possible Rail Shutdown Threatened if Safety Law Extension Not Granted
  • FSA Acreage Debacle
  • Heavier Loads on the Roads?
  • Railroads Respond to STB Requests to Provide Service Outlook
  • 2014-15 Crop Year Ends For Corn, Soybeans, Spring Wheat Basis
  • STB Needs to Make Timely Decision on Revenue Adequacy, Grain Rates
  • A Windshield Tour
  • Mr. Market Lives In China Too
  • Shipper Groups, Railroads at Odds Over Rules Regarding Railroads' Revenue-Adequate Status
  • Sorghum's GMO Question
  • More Heavy Rains Cause Major Headaches, Weak Basis
  • Longshoremen Chassis Inspections Continue to Slow Trucks at Ports
  • DDG, Ethanol Exports Climb
  • Record Trading Volumes in Ag
  • Additional Rains Add Insult to Injury Caused by Tropical Storm Bill
  • Tropical Storm Bill Adds to Already High Water Conditions