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Elevators, end-users also battling corn market uncertainty

Elevators, end-users also battling corn market uncertainty

An

economist says the unknown size of the upcoming corn harvest has elevators and

end users dealing with volatility in the markets. 

Tanner Ehmke with CoBank tells Brownfield they’re not certain what kind of crop availability they will have later this fall. “What end-users and grain merchandisers have been doing is they’ve been bidding up for old crop supplies trying to entice the farmer to bring those supplies in.”

Ehmke says they found cash bids have surged, then dropped back, and moved forward again, creating havoc for some elevators.

Continue reading Elevators, end-users also battling corn market uncertainty at Brownfield Ag News.