August 22, 2014

Corn Commentary

Posted 8/21/14

Wheat did not offer the same outside market support to the corn today while at the same time the Pro Farmer Tour moved into IL and IA. Through today trade saw that the Pro Farmer yield numbers are running 2.9% above the USDA totals for the 4 state total. It still looks that for the most part trade has gone back to the slow grind lower they were doing before the tour started. If any shocking numbers come out of the tour there could still be influence…

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    Allendale Advisory Contributor:

    Ryan Ettner

    Ryan Ettner

    Ryan started with Allendale in 2009 after working on the grains floor at the CME for several years. He also works on his family’s farm in northern Illinois.

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