A University of Illinois ag economist says there could be significantly lower corn production this year, “I do see corn setting up for a possible rally. There’s a very bullish outlook currently. Monitoring the weekly (USDA) planting progress reports is going to be important in the next few weeks.”
Todd Hubbs says corn consumption continues to see support from ethanol, both production and exports. But, there are a few things that could slow that down, “China just introduced another 15% tariff on ethanol and they had a big jump in February exports that helped our totals.
Continue reading Ag economist says a corn rally possible at Brownfield Ag News.
