Feed Grain Outlook

  • October 16, 2020 – Nearby corn futures crossed back above $4 this week. The focus on grain use in this week’s newsletter is on fuel, noting the continued impact of COVID-19 on the U.S, economy as reflected in gasoline demand and the ethanol industry.
  • October 9, 2020 – Production revisions to the 2020 corn crop combined with lower carry-in from the Grain Stocks report continue to support corn prices. Let us know if we can help with anything else.
  • October 2, 2020 – USDA’s Grain Stocks report lowered the U.S. corn supply by about 260 million bushels from the earlier September estimate. The crop is maturing ahead of normal for late September but harvest is progressing at the normal pace. This week’s crop condition index was unchanged.
  • September 18, 2020 – Corn futures are higher this week. Major reports from USDA showed a decline in the condition rating of the 2020 corn crop and another round of strong corn export sales.

 

Mark Welch
Texas A&M AgriLife Extension Economist

600 John Kimbrough Blvd
TAMU 2124
College Station, Texas 77843
Tel. (979)845-8011
Fax. (979)845-4906
JMWelch(at)tamu.edu

The opinions and recommendations expressed are solely those of the author and are intended for educational purposes only as part of the Texas A&M AgriLife Extension Service.  Texas A&M AgriLife Extension Service assumes no liability for the use of this newsletter.  Educational programs of the Texas A&M AgriLife Extension Service are open to all people without regard to race, color, sex, disability, religion, age, or national origin.  The Texas A&M University System, U.S. Department of Agriculture, and the County Commissioners Courts of Texas Cooperating

One Response to Feed Grain Outlook

  1. Pingback: High Plains Ag Week 8/31/2020 | Amarillo AgEcon