A market analyst says commodity prices are likely to dip a little more unless there’s a big increase in demand. Because of lower prices, John Heinberg with Total Farm Marketing tells Brownfield there is an opportunity to move some corn. “This is a pretty key window here in January, February, and March before we start getting some of those South American supplies in. The US is in the main demand window for especially corn. The soybean window is kind of closed now as we’re starting to get that Brazilian harvest coming into play.”
Heinberg says the market needs to see some bushels move and for USDA to make demand-side adjustments if the price is going to go back up.
