A major U.S. farm lender believes a wheat price spike is on the horizon. CoBank is alerting U.S. grain elevators storing large volumes of wheat that there is potential for a “sharp rally in wheat prices” in the year ahead. “The flood of cheap Russian wheat into the global market may have created a false […] Read more
Tag Archives Todd Hultman
USDA corn yield estimate still too high: analyst
The U.S. Department of Agriculture’s latest U.S. corn yield estimate does not reflect reality, says an analyst. The USDA dropped its national average corn yield for 2023-24 to 177.5 bushels per acre, down from its forecast of 181.5 bu. a month ago. DTN lead analyst Todd Hultman thinks that is still too high. He thinks […] Read more
