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Honored Advisor

Corn market

Corn has been inching it's way higher......both on the board and my local basis levels.  My question for the market gurus on here is this.  Is there any point this winter that this becomes a full fledged bull market?   I know what the carryover numbers are predicted to be. I know how much China supposedly has.  But at some point do the low stocks to usage ratio ever become the lead story?

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7 Replies
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Honored Advisor

Re: Corn market

BTW, I've noticed that there has been no "Floor Talk" on here for a couple of weeks.  Everyone on vacation? Or did they all quit? Smiley Wink

Advisor

Re: Corn market

The corn and bean markets are Both bullish Now.

 

as far as full fledged bull markets...That gets Real Visible from Jan forward.

Veteran Advisor

Re: Corn market

I hope your right.  I'm not as confident as you seem to be tho.

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Advisor

Wheat is literally

In a hand to mouth situation Now and for a long time coming too.

Sooooo wheat Is once again the grain leader.

corn and beans will follow wheats lead.  

 

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Veteran Advisor

Re: Wheat is literally

I've heard talk of a big pullback in soybeans in 2019 and North Dakota planning to go heavy to corn?  Anyone else hear anything?  If that is the case, it might pressure any corn bull.

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Advisor

Re: Guess I heard

NoDak is going to more wheat finally.

it is kind of the artic circle to try to grow corn in.

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Veteran Advisor

Re: Guess I heard

I got my info from Chad Hart of ISU Extension who got it from farmers he talked to on a visit to the state this fall.  That's all I know about it.

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