National Ag News
Corn futures could hit $4.50 by June
Apr 6, 2017, 12:17 PM
by
System
An analyst expects corn prices to surpass $4 dollars this summer.
Stewart-Peterson senior market advisor Naomi Blohm tells Brownfield expectations of fewer acres and continued strong demand are creating friendly scenarios for corn.
“Mostly likely, for now, we should be set up for a nice spring (and) summer rally.”
She says even with trendline yields this year, corn ending stocks would likely fall below 1.8 billion bushels.
Continue reading Corn futures could hit $4.50 by June at Brownfield Ag News.
