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Will corn hit $5, $6, or higher? No wrong answers... just curious what people think...
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We have horses sheep cattle and rabbits
Large round bales for sale
More info
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How much per bale and what kind of quality?
It’s not the current price. It’s when it goes back down. Remember inputs go down slower then cash price.
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I hope not. Imagine what that would do to break evens
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I imagine everybody would be able to break even.
All right I think it's time to make new targets what's everybody's opinion?
$10 corn
$30 bean's??
We’re going need it to be there for 22, with such high input cost!
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I think corn could go to $7
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Checking in with everybody. how about now?
Corn will stay strong. How high it goes has many variables. US growing season problems is the Catalyst for how high it goes. $8 has been pro...
corn already hit $5 this week. waiting to see what's next during 2021.
How about now?
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My bin is empty...but my E*TRADE account is full of call options.
I have a bin full of $8 corn and a bin full of $20 beans.
Yes because I don’t any left to sell
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Same, going to hurt hauling that March 3.60 contract
Bids at the terminal for Jan & Feb 13.50 soybeans and 5.20 corn oct/nov 11.42 and 4.42 respectively
Sold corn today for February 21 for 5.03
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This is a great thread to read now.
what does everybody think Today? 12/30/20
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I know right!!! Talk about history
5 doesn't seem impossible in years prices rise during harvest
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Nope!
Yes it will if we keep printing dollars
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Response deleted by author
Some day, but not in the near future.
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I think Dec 2020 has a max upside around $3.90
With great growing conditions I believe $3.00 futures or lower is very possible. Another dagg...
Very interesting to listen to the comments from nine months ago I was in a five dollar camp. In Moneyball as ********* would say we live in ...
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I'd be happy with $4 corn in SE North Dakota.
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with $.35 basis we are now $4.31. $5 corn is feasible but foreign demand and accurate USDA estimates is crucial to meeting this lofty goal.
.75 cent basis= 5.00
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Focus on Chicago prices because basis is local. You could talk to a grower down south with a positive basis that could get 4.50 every year.
There is no way we see $5 corn anytime in the near future. My technicals say 4.25 is the most you will see by May 1st. Carryouts are too b...
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5.00 cash?
Yes
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4.25 maybe test 4.50 only on weather, if we plant and make a crop as big say predicting will will test lows that’s some may not remember fr...
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I would play the range between 3 dollar corn and 4.50 until the market proves otherwise. Watch market psychology. If farmers quit believing ...
$5 by 2025. Likely. In 2020, unlikely
I don't predict markets anymore. Get a price that works and sell hoping it will go up. When the bills are paid then I can "play" the mark...
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US needs a 2 year disaster for the price to go up. We farmers are too efficient. Produce such a large carry over every year.
I think the ca...
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If the USDA would tell the truth corn would be 4.50 now.
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I think Mar 20 corn can get to 4.20, only if a trade deal is inked prior to Mar expiration. After that, I think corn and soybean prices are ...
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Until the demand destruction ends, and the conversations about it changes, good luck with anything other than what we have.
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Hope it stays over 4.
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I’m now hoping for above $4. I’ve know idea how long I’ll have to wait. Thankful for a nice basis.
In the mid to high $4.00 area and not until January .
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Drove thru I74 corridor IL and IN last week. Was expecting to see much worse conditions than I did. IN behind IL.
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I was thinking $6 plus. Now I’d like to see $4.70 again. Good luck
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Yes it will hit 5:00 pretty soon now but you will have to deliver 2 bushels to get it
4.70 is a damn respectable gross revenue per acre
I can see corn hitting $5-5.50. Basis has to help us out.
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If the government told the truth, corn would be over $5 already
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I'm not sure if it would, but the cost of inputs and machinery would be far lower.
No
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I am hoping it'll get to 5 dollars
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Response deleted by author
Fringe acres here,
40% wasn't planted until midJune
which is 10 weeks behind our normal. It's strictly an insurance play. But the story is I...
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I think if we hit $5 it won't stop there. In my opinion we are looking at either 4 or 6. Not going to gamble too much in either direction.
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7.75 turn row south tx
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In our immediate area, I would guess 10% didn’t get planted, the rest looks just ok. Many guys in our area pushed corn planting out 5-10 day...
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I'm thinking the price will peak next summer. There's still a lot of inventory out there and it won't be until next summer that carry over r...
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I've put a lot of miles on my pickup lately and haven't seen many areas that look bad. Average or slightly behind, sure. But bad, not a lo...
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Much of Indiana, Ohio and Michigan not planted or planted very late.
Southeast South Dakota I would throw a rough estimate of 25% planted
Corn looks good here in northern ND actually we could use rain
yeah there’s a good bit of corn that looks good in Mississippi but we don’t really matter here.
Thanks, that’s great info for us guys out here not close to the real action in the Midwest, appreciate it.
Being that corn is close to winter wheat in price. I don’t raise corn and have no emotional “want/need” directly to corn other than corn is...
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I think it'll hit $5. Unless we are all very wrong on crop yield and acres. $6 it would have to be way worse than we think
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NE ND basis is -.65 I think 5$ is possible but I agree with above responses, going to take well after harvest to get it there
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I sold corn today at a +20 on basis
Nw Iowa basis is +11
I think $5 also. Our basis is still -50 cents. Must be a lot of corn still out there.
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I'm in the $5 camp too. Not sure about soybeans. Just seems like the last couple years if your wrong your wrong big
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I'm still in the $5 camp. Seems like the market wants to wait until fall before it gets there.
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I'm back in the $5 dollar camp ****!
I am not waiting for $5 anymore. I am half sold on 2019 corn and will sell the rest at $ 4.00 and 4.25 cash.
You still waiting for $5 Cale?
I have given up and dumped the rest of my old crop today.
maybe next year.